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 rkcbus
Joined: 23 Jul 2008
Posts: 1
1.33 Dollars($)
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 Posted: Wed Jul 23, 2008 6:17 pm Post subject: emergency help w/mortgage payments |
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| I am behind in mortgage payments- single w/4 children & mother. Where can I find honest help? Most are refinancing companies. |
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larry
Joined: 27 Jun 2007
Posts: 3328
473.40 Dollars($)
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| Posted: Wed Jul 23, 2008 10:12 pm Post subject: |
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Hi rkcbus.
Welcome to the forum.
As you are behind your mortgage payments, you should contact the loss-mitigation department of the mortgage company ASAP and inform them why you are late on your mortgage payments. You may need to send a hardship letter explaining why you are late and you are trying to pay them. Try to work out some repayment plan with them.
To know how do I negotiate for loss mitigation, check out the article "Loss Mitigation: Avoid Foreclosure with Loan Workout Options" at http://www.mortgagefit.com/loss-mitigation.html
Hope it helps. Feel free to ask if you have any further questions.
Best of luck,
Larry |
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dawn
Guest
0.10 Dollars($)
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| Posted: Tue Aug 12, 2008 10:48 am Post subject: behind on mortgage |
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| i am 3months behind on my mortgage i have a disabied husband and 3 children please can u help me my home is going to be repossesced |
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Caron
Moderator
Joined: 19 Jul 2005
Posts: 1433
Location: florida
240.98 Dollars($)
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| Posted: Wed Aug 13, 2008 4:52 am Post subject: RE: home in repossession |
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Hi dawn,
Welcome to our forums.
I'd surely like to help you out but what's the situation like? I mean how long is it for the repossession to take place? and didn't you talk to the lender about a repayment plan or any other workout option? If you can explain your situation, it will be easier or me to suggest something better.
Good luck
_________________
Mortgage Shopping made easy with booklet |
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deb
Guest
0.10 Dollars($)
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| Posted: Tue Aug 26, 2008 11:33 am Post subject: Help with financing |
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| I am behind 2 months on my home loan I tried to work with country wide my mortgage co. they would only help with a repayment plan. but now my payments are even higher, so theres no way I can make a higher payment but that is all they would do. Is there some one out there who realy can help? I keep getting letters from people who claim if I pay them they can get my company to add the payments to the back of my mortgage, but I am afraid to end up worse then I am now what can I do? I have 7 children living in my home and I am afraid we are going to end up homeless. My husband just took a job out of state to make more money to try to catch up. but that dosent help. |
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helping_user
Joined: 31 Mar 2006
Posts: 786
Location: Hawaii
146.34 Dollars($)
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| Posted: Wed Aug 27, 2008 1:14 am Post subject: RE: |
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Welcome deb.
I understand the situation you are in. Usually a repayment plan doesn't involved higher payments unless the loan is modified too. Are you sure it wasn't a combination of repayment and loan modification?
| Quote: | | I keep getting letters from people who claim if I pay them they can get my company to add the payments to the back of my mortgage |
There are companies who claim to negotiate on your behalf but many are predatory. So, you need to be careful if you're looking for a loss mitigation specialist. I know of a loss mitigation specialist, Cliff Pape who's an active member in our forums. And he's also a market analyst. So, hopefully he can help you out. You can contact him by pm or mail.
Thanks. |
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