Posted: Tue Mar 21, 2006 2:22 pm Post subject: late on mortgage payment, want to stop reporting
By chance, missed the payment on one mortgage loan for the past two months with so many bills and mortgages over my head. I found that it has not been reported till now and this mortgage loan is not my report either. It's a new loan through refinance. Can I do anything now to stop them from reporting or are they going to report it as 30 or 60 day late? _________________ Need help choosing the right loan? Get free consultation from community lenders/consultant
It depends on the lender entirely whether to listen to your request. At least you can give it a try. Make the payments as early possible and then make a request.
You should have taken care for the payments specially since you didn't have any problems with the money as I think. It will be terrible now to have it reported just due to negligence.
Anyways, now you can make a call to them and explain the situation and show them your willingness to pay the due amount soon. Perhaps they may accept your request but it entirely depends on them now.
Posted: Tue Mar 21, 2006 5:30 pm Post subject: late
If you have no past history of late or missed payments you may be able to successfully request that the servicing company not report the recent late. If you are actually two full payments down this will probably not happen per the companies own reporting guidelines will probably not allow such a change. Good Luck! _________________ Bill Clanton is a Mortgage Specialist and Manager of State Street Mortgage of Illinois. StateStreetMortgage.Net
Posted: Tue Mar 21, 2006 8:20 pm Post subject: RE:
Hi Bill,
Welcome to this community. I have been in this community since quite some time now. And I really like the way they are helping the common people. Whenever I get some free time I come here and try to help the people by sharing my experience and knowledge.
Seeing my efforts, MortgageFit community has provided me a blog and now it has become my favorite pass time. By the way, do you like blogging? I think it's really exciting! The whole world gets to know about what you think and feel.
Don't forget to visit my blog. You can find it in my signature.
Thanks for the "Welcome" & I like your 'descriptive' logo ) _________________ Bill Clanton is a Mortgage Specialist and Manager of State Street Mortgage of Illinois. StateStreetMortgage.Net
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