Posted on: 15th Aug, 2009 09:24 pm
i am currently behind on some of my bills due to being laid off of my job. one of my bills that i am behind on includes my home. i only have my first mortgage. would it be possible or helpful to take out a second mortgage to pay off my bills or will i have to catch up the house payment before they will allow the mortgage?
machunninghaysel
Welcoem to the forum
If you are alredy behind on your pyament by 60 days then it would show up on your credit report and you will not be able to get any loan easily.
Also it does ntomake sense to take a secondloan to pay the first one.
At this point you want to see if the bank can help you with loan modification
Good luck and feel free to ask
Welcoem to the forum
If you are alredy behind on your pyament by 60 days then it would show up on your credit report and you will not be able to get any loan easily.
Also it does ntomake sense to take a secondloan to pay the first one.
At this point you want to see if the bank can help you with loan modification
Good luck and feel free to ask