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if i cant pay all of it

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Icon Mini Profile bethcooper30





Joined: 24 Feb 2011

Posts: 1

1.27 Dollars($)
Post Posted: Thu Feb 24, 2011 1:25 pm    Post subject: if i cant pay all of it
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never late or behind on payments and can't pay all of it this month for the first time can i just pay part and what part is more important say for example your escrow pays your taxes and insurances and the rest is the interest
Icon Mini Profile adonis
adonis




Joined: 22 Oct 2005



Posts: 10569
Location: ALASKA
1090.22 Dollars($)
Post Posted: Mon Feb 28, 2011 12:23 am    Post subject:
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Welcome bethcooper,

As you're unable to pay off the mortgage for this month, you should contact your lender and he will let you know how you should make the reduced payments. You can even apply for a loan modification so that it becomes easier for you to make the payments.

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