Late on mortgage paymet and need advice
I'm 2 months behind and my payments are too big for me to handle with what Im going through in persnal life. What are my options for 2 months late, around 73% LTV and 728 credit? by c3arminalos7863398 from Bend, Oregon. Sep 4th 2014
William J Acres (William_Acres)
#74 ranked lender in Arizona - 8,728 contributions
Without hesitation, you need to borrow enough money to get your loan current, contact a real estate agent, and get it sold.. This way, you can preserve your credit so when your situation turns around, you can go purchase another home with out any issues.. If you delay any longer, and fall behind 90-120 days behind, then lenders can apply the same mandatory waiting periods as they do for people with a foreclosure (3 to 7 years), and your credit scores will suffer as well.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com
Jericho Cherry (Jerichocherry)
#54 ranked lender in Virginia - 1,107 contributions
Call your lender and see if they will do a Loan Modification
Dave Metsker (DaveMetsker)
#35 ranked lender in Oregon - 2,318 contributions
Ask lender for a loan modification.
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