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can a mortgage co foreclose on home if you are 31 days late

Posted on: 01st Nov, 2009 12:09 pm
mobile home that is due 1st of the month and payment
made 31st of month, can the mortgage co take home
Most Notes are written so that a Lender can start foreclosure proceedings if a Mortgage payment is 30 days late. However, Lenders normally wait 90 days. If you're 30 days late, a simple courtesy call to your Lender with a brief explanation would be appreciated by your Lender, and you'll feel better afterwards.
Posted on: 01st Nov, 2009 12:28 pm
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