u can phone the provider and request a home visit to see some one face to face and if they cant or wont help see citizens advice
Your trustee is the only person who can advise you. However, it has been my experience (mortgage lending) that you must first obtain the trustee's permission to refinance and I believe the full amount is always due to the mortgage company.
If you mean because you're in default and want to avoid foreclosure, it's called a "deed in lieu of foreclosure" and it's usually part of an overall agreement that hopefully also extinguishes the mortgage debt. Typically the mortgage company is not required to accept it. They drive the bus.....
A mortgage company provides loans so people can buy real estate or a home. The company is the intermediate between the lender (government or bank) and the person receiving the money. The person who receives the money must pay it back over a certain period of time with interest. (The interest is where the company makes its profit.)
Not if a party has a proper power of attorney (POA) to represent the cosigner. The mortgage company will tell you what form of POA they want, and generally it is included with the paperwork, and the POA will have to be notarized. I know this from personal experience, I am a Notary Public and back in the early 2000s I was handling mortgage refinancing where the mortgage company pays me to go out to people's houses to watch them sign, what is called a "mobile notary," and when someone else is signing on behalf of a person not present, they will tell the mortgage company and have a power of attorney with whatever wording the mortgagor wants, signed by the cosigner and notarized, authorizing the substitute person to sign on their behalf. That would be included with the paperwork sent back to the mortgage company. But you have to notify the mortgage company ahead of time and find out what form they want the power of attorney to be; most have their own specific form they want you to use.
Current mortgage rates vary depending on the mortgage company and the length of the mortgage. As of today the average rate for a 30 year fixed term mortgage is 3.61%. A 15 year fixed term mortgage is 2.85%.
You need to contact an attorney if you can afford it. She could negotiate for you. Otherwise you need to contact your lender and discuss your situation.
We have a lawyer but he has not contact us back. We are behind on the mortgage.
It depends on if your mortgage company is willing to work with you. Our attorney advised us to work with the mortgage company directly. This was the process we went through: 1. Call mortgage company and speak to specialist.2. Fill out questionnaire sent by mortgage company to home owner.3. Gather & send in paperwork requested by mortgage company.4. Receive response from mortgage company.5. Receive, sign and send back loan modification paperwork.
If the mortgage is recorded at the county recorders office, it's just the same. Why, are you trying to get out of a promise that you made to pay back a loan?
Your trustee is the only person who can advise you. However, it has been my experience (mortgage lending) that you must first obtain the trustee's permission to refinance and I believe the full amount is always due to the mortgage company.
If you mean because you're in default and want to avoid foreclosure, it's called a "deed in lieu of foreclosure" and it's usually part of an overall agreement that hopefully also extinguishes the mortgage debt. Typically the mortgage company is not required to accept it. They drive the bus.....
Call your mortgage company and ask them for the 1098 Form, which should have been sent to your address back in January/February. The 1098 Form will have this information for you to claim the mortgage interest tax deduction with the IRS.
In a reverse mortgage, you receive money from the lender, and generally dont have to pay it back for as long as you live in your home. The loan is repaid when you die, sell your home, or when your home is no longer your primary residence. The proceeds of a reverse mortgage generally are tax-free, and many reverse mortgages have no income restrictions.
A mortgage company provides loans so people can buy real estate or a home. The company is the intermediate between the lender (government or bank) and the person receiving the money. The person who receives the money must pay it back over a certain period of time with interest. (The interest is where the company makes its profit.)
Not if a party has a proper power of attorney (POA) to represent the cosigner. The mortgage company will tell you what form of POA they want, and generally it is included with the paperwork, and the POA will have to be notarized. I know this from personal experience, I am a Notary Public and back in the early 2000s I was handling mortgage refinancing where the mortgage company pays me to go out to people's houses to watch them sign, what is called a "mobile notary," and when someone else is signing on behalf of a person not present, they will tell the mortgage company and have a power of attorney with whatever wording the mortgagor wants, signed by the cosigner and notarized, authorizing the substitute person to sign on their behalf. That would be included with the paperwork sent back to the mortgage company. But you have to notify the mortgage company ahead of time and find out what form they want the power of attorney to be; most have their own specific form they want you to use.
No. It would have to be sent back to the insurance company if they paid too much.
Gee...how does one do it without being in bankruptcy? If you can't afford it, then the asset must be sold. No tricks here. You pay for your purchases or you give them back.