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accidentally was late on a mtg payment

Posted on: 24th Aug, 2010 07:26 am
my mom wants to refinance but was late once on mortgage payment after my dad died and she suffered a stroke and heart attack. will anyone do the refi? we now have mtg payment taken out automatically.
Hi clsinchgo

Welcome to mortgagefit

Lenders are real humans and they are not system guys (only).They really know the difference between hardship and those who are willing to cheat.

Here in your case if you could tell them the reason behind the missed payment with valid reason,I do not find any reason for the refusal for the refinance of mortgage.(provided you meet all the other criteria)

DIPA
Posted on: 24th Aug, 2010 07:55 am
Thank you for the info. Her credit scores were in the 800's. They can see her payment history up until my dad's death were excellent. Chase is giving us a "no" with no regards to our situation. I will be glad if we can get away from Chase. Thanks again, Cheryl
Posted on: 24th Aug, 2010 08:06 am
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