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Chapter 13 mortgage payments can be modified. The trustee must agree to new terms before a modification can be approved. However, a lender can object and appeal the modification.
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∙ 9y ago
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Is it possible to have your mortgage loan modified if one is current on mortgage payments?
Yes, although mortgage companies are more likely to modify a loan in default.
What can I use to calculate mortgage payments?
Mortgage payments are very expensive nowadays, so you have to work hard to get rich and to get all the worldly desires you have, you can use a calculator to calculate mortgage payments.
Can you keep both homes if you own a mortgage on one if you file chapter13?
As long as you keep paying both mortgages, you can keep both houses.
Should your parents have you on the title of their house to avoid forced sale?
If your parents granted a mortgage and then default on the payments, adding you to the title after granting the mortgage will not stop a foreclosure.If your parents granted a mortgage and then default on the payments, adding you to the title after granting the mortgage will not stop a foreclosure.If your parents granted a mortgage and then default on the payments, adding you to the title after granting the mortgage will not stop a foreclosure.If your parents granted a mortgage and then default on the payments, adding you to the title after granting the mortgage will not stop a foreclosure.
What would I need a mortgage amortization calculator for?
The mortgage amortization calculator is for working out your monthly mortgage payments. It will also calculate into the equation when and if you make extra monthly payments on your mortgage.
When can a bank send notice of acceleration on a mortgage?
With the new laws established by the Obama administration, mortgage companies can't accelerate mortgages until the homeowner is six months behind. If you are having trouble with your payments you should try to have you loan modified.
What type of mortgage has payments that can change?
varialbe-rate mortgage
Do you still have to pay monthly mortgage if you have a reverse mortgage?
No, the purpose of a reverse mortgage mortgage is to eliminate mortgage payments permanently.
Do Mortgage insurance premiums payments have be escrowed by the lender?
Yes, Mortgage Insurance Premiums Payments do have to be es-crowed by the lender.
If a mortgage payment is 20 days late will that be reported to the credit bureaus?
Generally, late payments over 30 days late are reported to a credit reporting agency. After that, late mortgage payments can become "missed" mortgage payments. And missed payments can affect your credit score in a negative way. However, your exact late payment will depend on how your specific mortgage lender reports payments to the credit bureaus.
What type of home mortgage has payments that can change?
varialbe-rate mortgage
Can mortgage payments be make in cash?
no
