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how can you lower mort. payments until able to sell house

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Icon Mini Profile nancylee44





Joined: 04 Nov 2009

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1.26 Dollars($)
Post Posted: Wed Nov 04, 2009 11:47 am    Post subject: how can you lower mort. payments until able to sell house
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My husband & I are both senior citizens & have lost our jobs. Have exhausted assets trying to keep up on payments. Is there anyway we can have them reduced until house is sold?
Icon Mini Profile sonjakracine





Joined: 24 Oct 2007

Posts: 77

15.05 Dollars($)
Post Posted: Thu Nov 05, 2009 7:51 am    Post subject:
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You should contact your lender to see about a loan modification but if you have lost your income that may be difficult to obtain. Your best source for what can be done is your lender.
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