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You are two months behind on your mortgage payment but plan to catch up this week Will your payment be accepted?
Wiki User
∙ 16y ago
Yes. But there's going to be late fees too.
Wiki User
∙ 16y ago
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Can National Grid shut off electricity in MA in the winter months?
Massachusetts state law prohibits utility companies, including National Grid, from shutting off electricity during the winter months (November 15 to March 15) for customers who are unable to pay their bills. This protection helps ensure that all residents have access to essential utilities during the coldest months of the year.
When you am awarded a cash settlement how long does the other party have to pay it?
The timeframe for the other party to pay a cash settlement can vary depending on the specific circumstances of the case and any agreements made. Generally, the other party is expected to make payment within a reasonable amount of time, which could range from a few weeks to a few months. It is advisable to consult with a legal professional or refer to the terms of the settlement agreement to understand the specific payment terms.
If you're over the legal limit what's the max time you could spend behind bars after your first DWI?
The maximum time you could spend behind bars after your first DWI varies by state but typically ranges from a few days to a year for a first offense. Individual circumstances and whether there were aggravating factors, such as injuries or high blood alcohol content, can also impact the potential sentence.
If settle out of court how long will it take to receive money?
The timeline for receiving payment after settling out of court can vary. It may take anywhere from a few weeks to a few months, depending on the terms of the settlement agreement and how quickly the parties involved fulfill their obligations. It is recommended to have a clear timeline outlined in the settlement agreement to avoid any delays.
How long does it take to get your money after a discrimination suit?
The timing can vary significantly, but typically it can take several months to several years to receive a settlement or judgment payment after a discrimination suit. This timeline may be influenced by the complexity of the case, the court's docket, and any appeals or negotiations that take place.
Can my mortgage lender refuse a payment because it is not for the full amount owed?
i am two months behind on my mortgage. can the lender refuse to take one payment?
What can you do if your mortgage payment is 2 months late?
call the mortgage holder and make payment arrangements
How many months delinquent must a mortgage loan be before the mortgage insurer contacts the home owner?
Typically, they will call the homeowner before the first payment is behind to remind the home owner that a payment is due. - VoyageHomeLoans
You fell behind on your mortgage payment how much time to do you have to catch up?
you can catch up any time provided your mortgage company agrees to it. hovever your credit status will be affected for 12 months after you clear your arrears
What are the requirements for the HARP mortgage program?
You can go to the Harp-mortgage website. Common requirements for Harp mortgage program include that the mortgage you currently have is a Fannie Mae or Freddie Mac Mortgage. Also that you can afford the new projected payment and that the new projected payment is lower than your current payment. You also can not have any late payments made on your current loan in the last 12 months.
What is a monthly mortgage payment?
A Monthly Mortgage payment, would be the repayment of a loan taken with a bank or lending firm, when buying a house or property. For example, if you borrowed $250,000 to buy a house, with an interest rate of 3%. The estimated monthly mortgage payment would be 1,054.01 per month, for 360 months.
How does a 30-day late payment on a mortgage affect your credit?
If you are trying to refinance your mortgage... it will affect the interest rate. (it will be higher) It will haunt you for at least 12 - 24 months.
How long does a lender have to repossess?
I am 3 months behind on my mortgage? How long until they repo my home?
If you are in arrears for two months on your mortgage can they still go for repossession if you can pay something towards it?
That depends on the financial institution where you have the mortgage. Talk to them, tell them your problem and work out payment arrangements.
Option ARM vs. Fixed Rate Mortgage?
Option ARM vs. Fixed Rate Mortgage A fixed rate mortgage has the same payment for the entire term of the loan. The Option ARM uses a low initial rate to calculate your initial minimum monthly payment. Although the interest rate will increase after 1 to 3 months, your low payment will remain fixed for the entire year. This can produce a much lower monthly payment than a traditional fixed rate mortgage, or even an adjustable rate mortgage (ARM).
What are the causes of foreclosure?
non-payment of mortgage payments exceeding 2 to 3 months. If the mortgage company does not receive timely payments, they can decide to foreclose. Once they have made that decision it is very hard to correct. If you cannot make your payment call the mortgage company. Communication can go a long way to prevent foreclosure.
Can a mortgage be modified twice?
Hi. My loan was modify about 3 months ago. I was told from my attorney and also from the mortgage company that the loan modification amount is include it with insurance and taxes (it was not on writing ) so I end it up accepting the offer that mortgage company has offered but the taxes and insurance was not include it to that payment n !. The mortgage balance at the time when I applied for Mod was $199K and when I accept it the Mod went to $215K but the payment was lower to $210 less that what I was paying before. The main reason that I accepted was that I did not wanna loose my house and the other reason was that I trusted my attorney. Now am I eligible for another loan modification ?
