What do you consider 'a bad credit score'? If under 620 you will likely have a little trouble finding a lender to offer you a refinance.
What items are affecting your score?
What items are affecting your score?
about to file chapter 13 bankruptcy credit cards,medical bills and personal loan we are filing on and i know my credit score is below 550 i just want to lower my monthly mortgage payment with or without taking money out
Hi sjandersenranch,
If you haven't filed bankruptcy as of yet, then you can apply for a loan modification with your lender and try to lower your mortgage payments. If the lender accepts your request, then he would lower your interest rate and give you a repayment plan so that you can pay off the dues in an affordable manner.
Feel free to ask if you've further queries.
Sussane
If you haven't filed bankruptcy as of yet, then you can apply for a loan modification with your lender and try to lower your mortgage payments. If the lender accepts your request, then he would lower your interest rate and give you a repayment plan so that you can pay off the dues in an affordable manner.
Feel free to ask if you've further queries.
Sussane