Posted on: 07th Jun, 2010 06:56 pm
Can I make a mortgage payment sixty days late without my house being foreclosed on?... I live in Tennessee
Hi julieharvey!
Welcome to forums!
Generally lenders start the pre-foreclosure procedure when you've defaulted on your loan payments for 90 days. As you've defaulted on your loan for 60 days, I don't think the lender will foreclose but he can charge you late fees for the same.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
Generally lenders start the pre-foreclosure procedure when you've defaulted on your loan payments for 90 days. As you've defaulted on your loan for 60 days, I don't think the lender will foreclose but he can charge you late fees for the same.
Feel free to ask if you've further queries.
Sussane