mortgage payments
Date: Fri, 06/01/2007 - 11:44
If one doesn't have enough to cover the entire mortgage and just pays what they have, just say 1/2 of the payment. If they pay that would the payment still be considered late and can it go to foreclosure?
It really depends on the mortgage company. I recently received
It really depends on the mortgage company. I recently received some really good advice from a HUD representative. You can pay your mortgage payment in full even if it is late and be one month behind. Once you get behind three months, that's where the trouble sets in. Then you have to be worried about foreclosure.
You should contact your mortgage company and inform them of what
You should contact your mortgage company and inform them of what is going on. They will probably be willing to work with you to make arrangements on the back payments.