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Banks don't take into account the reason for being behind on mortgage payments. They can foreclose, and re-possess your home. But it could benefit you considerably to contact your bank, and ask if they will work out a temporary payment plan for you. Since banks prefer to have the payments, instead of the property, they will sometimes be willing to let you pay the interest only. But they do put a time limit on how long they will allow you to do that. Furthermore, you will still have to pay the principal, which is usually tacked on at the end of the mortgage term. Another option may be to contact Consumer Credit Counseling, or a similar organization.
What else can I help you with?
What happens if you cant pay your dutch mortgage?
what happens if you become unemplyed and wish to reduce your mortgage payments are there any options in holland
How do I refinance out of an adjustable rate mortgage with high interest rates when my propety value is less than the mortgage owed?
You cant. You cannot refinance a property for more than it is worth.
What bank can open a debtor in possession account?
so far I cant find one bank...
What if your husband has left you to pay the mortgage and bills he has left no forwarding address you cant afford to pay it all can you pay half the mortgage until its sold?
No. Get personal legal (and financial) help...fast.
What mortgage company will finance a new mortgage loan if you are currently in Ch. 13 bankruptcy?
There are several, if you want I can assist you in the process. I am a mortgage banker/broker. Feel free to contact me at my office 214)607-1445. If I cant help you, then I'll at least point you into a better direction.
What online sites provide information on jumbo mortgage?
You should find jumbo mortgage specific webisites on the internet, however if you cant you could ring a bank and ask for relevent information on the subject matter.
How do you rob the bank on Club Penguin?
A) You cant because (b) there is no bank in club penguin
Why cant a bank keep a secret?
Because it has too many tellers
How can I get out of my 40 year mortgage?
you cant deary;)
Why do we need a bank?
We need a bank because without it we cant make loans and if we cant make loans we cant buy off land and property and things we need and once we buy these things and pay back the loans the bank gets more money wich goes to the government
Can you tear down your home as long as you are paying the mortgage?
No you cant because part of your mortage is for the land value and part is for the value of the structure/house.
What happens if you cant pay your dutch mortgage?
what happens if you become unemplyed and wish to reduce your mortgage payments are there any options in holland
How do you rob the bank in Club Penguin?
You cant rob a bank in club penguin because club penguin is a kid friendly site and the creators made sure that kids don't turn into criminals so they don't add robbing and hitting but they kinda add bad language but you cant because...
What are some of the mental illness that can be cured?
Usually mental illness cant be cured completely. but can be helped. it depends on how bad it is and on the person
Can you have a criminal conviction and be a mortgage loan officer in dc?
yes you can lend but you cant borrow
U A DOG\ BUT CANT EAT?
BANK
What has a mouth but cant eat moves but has no legs and has a bank but cant put money in it?
RIVER
