Answers (4)
- Dena Williams, "drdenapw"
- Contributions:39
Have you talked with your lender about the new loan modification programs? The Obama Administration just put them in place very recently, and most of the banks are trying to implement them now.
You'll need to verify the details with your lenders, but it's supposed to be that if you can prove hardship (the loss of your job) that you should be able to qualify to reduce your mortgage payments to 31% of your gross monthly income.
You'll need to verify the details with your lenders, but it's supposed to be that if you can prove hardship (the loss of your job) that you should be able to qualify to reduce your mortgage payments to 31% of your gross monthly income.
- Andrew Adams, "RenovationSpecialist"
- Contributions:9404
Sell....You have already spent 9 months trying to stay afloat and now you have limited options along with limited time!
- Rob Cochems
- Contributions:3523
No income, no loan.
You have anyone you can co-sign with?
You have anyone you can co-sign with?
- Tammy Stockdale, "Colorado Mtg Broker"
- Contributions:6995
Rpm,
I'm sorry you're in the situation that you are in. Unfortunately, I don't really have any better news than what you've already been told. No one is going to lend when you have no employment or paycheck. I understand you are wanting to keep your credit in good standing, and I applaud you on that. What help have you asked for specifically from your lender?
I'm sorry you're in the situation that you are in. Unfortunately, I don't really have any better news than what you've already been told. No one is going to lend when you have no employment or paycheck. I understand you are wanting to keep your credit in good standing, and I applaud you on that. What help have you asked for specifically from your lender?
What assistance is available for someone with good credit,unemployed and current on debt?
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