Posted on: 15th Oct, 2012 01:13 pm
is this possible? my brother left to Honduras 5 years ago, I currently live at the house and I been paying since he left the mortgage... the loan is under his name but my name appears on the house deed... is there anything that can be done?
the house is upside down and it says the loan is eligible for the hamp and so on but my brother does not live here nor does he do taxes here... :?
the house is upside down and it says the loan is eligible for the hamp and so on but my brother does not live here nor does he do taxes here... :?
Hi stephysanrio!
Welcome to forums!
The person, whose name is mentioned on the mortgage docs, will have to apply for the HAMP. If you want to save the property and apply for HAMP, you will have to get in touch with your brother.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
The person, whose name is mentioned on the mortgage docs, will have to apply for the HAMP. If you want to save the property and apply for HAMP, you will have to get in touch with your brother.
Feel free to ask if you've further queries.
Sussane
Since your brother's name appear in the loan deed, he is only eligible to apply for mortgage loan modification. Since your name is not in the loan, you can't apply for modification despite the fact that you have been making mortgage payments since past 5 years.