pay off mortgage

monzo · Joined: 03 Sep 2008 Posts: 1 1.26 Dollars($)

My husband got a mortgage and then took out an equity loan on the property. he is very sick and I will be left with a high payment that i cannot afford, is there anything I can do now that would help?

cliff · Posted: Wed Sep 03, 2008 6:58 am Post subject:

Hello monzo,

Sorry to hear about your husbands condition and about your new financial burden.

Please be contacting your lender(s). They have several workout options that you may qualify for to keep your home. Some of the options include a special forbearance, or loan modification, or short sale perhaps.

Please be sure to speak to someone in the Loss Mitigation Department. Do not just speak to the first representative that answers the 1-800 number of your lender.

Let us know if you still have questions and need further assistance.

Good luck.

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