Posted on: 06th May, 2014 01:29 pm
while still in my house for couple years going thru mortgage help program thru my lender and not able to make mortgage payments, my mortgage developed from a rightside-up loan to an upsidedown loan. could I assume that the equity has benefited me in anyway and if not, whom? The longer I stay in my house going thru the mortgage help program , I seem to be getting deeper in debt to the bank thru fees and blances owed on my mortgage. I have not been able to find another place to live because of damaged credit now. What should I do? :roll:
The equity has done nothing for you - when you dont make the payments the balance goes up - if they add fees the balance goes up - I would be looking for a place to rent until you can fix your credit and then start over.
Brian Barnes
ENG Lending
Nationwide Lender
Brian Barnes
ENG Lending
Nationwide Lender