Posted on: 01st Dec, 2009 11:31 pm
i am in building construction busines and right now i dont have any job
( temporary ) an i can not pay my mortgage, i have first and second loan in my house and $ 120,000 what can i du till i found a new project. and starting to pay my mortgage regulary.
( temporary ) an i can not pay my mortgage, i have first and second loan in my house and $ 120,000 what can i du till i found a new project. and starting to pay my mortgage regulary.
Hi pioneer,
You will have to negotiate with your lender so that you get an affordable payment plan to pay off the dues. You can apply for a forbearance with your lender. This will help you in reducing or suspending your mortgage payments for few months. Once your financial situation improves, you will have to clear off the dues.
Take care.
You will have to negotiate with your lender so that you get an affordable payment plan to pay off the dues. You can apply for a forbearance with your lender. This will help you in reducing or suspending your mortgage payments for few months. Once your financial situation improves, you will have to clear off the dues.
Take care.