Foreclosure?
I would not panic at this point with only one payment behind...I
I would not panic at this point with only one payment behind...I have been 2 payments behind for a while now with Citimortgage and they have been working with me to try to catch up the mortgage (i have been behind for almost a year). Just make sure you are in touch with your mortgage company and do not avoid phone calls or letters from them. I don't believe they can foreclose until you are about 90 days delinquent, especially in this economy with so many foreclosures. My mortgage company let me set up a repayment plan so that I pay my regular payment plus a little more to catch up what's past due. you might try that with yours. good luck!
Thank you! I just thought it was odd that they had never called
Thank you! I just thought it was odd that they had never called us before. Now all of a sudden they are coming to our house. When my husband called, the woman asked when we would be sending in our next payment and he told her it would be a few weeks. My husband only gets paid twice a month. Thats how we started getting behind on payments. At his old job he was paid weekly. The job he has now is every 2 weeks. We live paycheck to paycheck and I cram all of our bills into those 2 checks. Should we call and ask about the loan modification?
you probably wouldn't qualify since you are not too far behind.
you probably wouldn't qualify since you are not too far behind. If you can afford to add on a little more each month to your regular payment I would do that. They can take that one payment and split up over 6 months so the extra might not be too much. I would call them to see what your options are. When I went to CCCS to get into DMP they told me not to worry about 2-3 months behind because they see people all the time 10 or more months behind and the banks are just overloaded with foreclosures right now. Don't get me wrong...you should catch up the mortgage as soon as possible or set up arrangements but I wouldn't lose any sleep over it (like I did in the beginning!).
Thank you so very much! I will have my husband call them today.
Thank you so very much! I will have my husband call them today. You have been an enormous help Cheekla!!!!! Bless you!
Make sure you understand the process of loan modification before
Make sure you understand the process of loan modification before you call your lender, remember thy are not your friends.
httpe-mail deleted...paulmergel
[samebox:d642ec8b06="paulmergel"]your email violates the TOS.your horrid spelling should also be a violation.[/samebox:d642ec8b06]
I am happy that you get helped just like me I am as well as my l
I am happy that you get helped just like me I am as well as my loan modified 2 days ago. More spam advertising.