Posted on: 26th Dec, 2013 10:18 pm
I have a Fannie Mae backed home but it is upside down. Is there any help out there for me?
As your loan is backed by Fannie Mae, you will be able to qualify for different mortgage relief options. You should speak to your lender in this regard and he will let you know which option will be well-suited for you.
Hi Trala,
If you are upside down on your mortgage and you want to save the property, you can look out for the option of loan modification.
Thanks
If you are upside down on your mortgage and you want to save the property, you can look out for the option of loan modification.
Thanks
Yes, I agree with what Jameshogg has said. Besides this, you may talk to your lender about this.