Posted on: 10th Mar, 2009 07:39 pm
I WILL NOT BE ABLE TO AFFORD TO PAY MY 2ND MORTGAGE THIS MONTH. BITH MY 1ST AND 2ND LOANS ARE WITH US BANK. BOTH LOANS ARE ALSO PURCHASE MONEY, NEVER REFINANCED AND I AM UPSIDE DOWN. HAS ANYONE HEARD OF GETTING THE 2ND MORTGAGE WAVIED?
hi susanc,
i haven't heard of second mortgage getting waived off. however, you can always negotiate with the second lender and inform him about your hardship so that the lender reduces your payments to some extent. you can also speak to the lender about loan modification.
thanks
i haven't heard of second mortgage getting waived off. however, you can always negotiate with the second lender and inform him about your hardship so that the lender reduces your payments to some extent. you can also speak to the lender about loan modification.
thanks
Since both loans are with US Bank you may have a shot. Request a loan modification and see if they can help.
Has your rate adjusted, has your job situation changed, or was the loan to high from the beginning?
Best of luck!
Has your rate adjusted, has your job situation changed, or was the loan to high from the beginning?
Best of luck!
i would like to know who has possenision of my mobile home. please respond asap thank you
Hi michael,
I am not sure what you intend to mean. Do you want to mean who holds the title to your mobile home? Well, you need to elaborate on the situation so I understand it and offer my comments on it.
I am not sure what you intend to mean. Do you want to mean who holds the title to your mobile home? Well, you need to elaborate on the situation so I understand it and offer my comments on it.