Posts Tagged ‘loan modification’

For most homeowners, their mortgage loan payment is the largest bill they’ll have coming in every month. Because traditional mortgage loans will also usually mean 30 years of monthly mortgage loan payments, it can be difficult to anticipate how life will change. What may have once been affordable may no longer be the case—for example, […]

When you’re behind on your mortgage payments, you risk losing your home to foreclosure. The quicker you take action, the better your odds will be for a favorable outcome. Here’s what you can do if you’ve missed mortgage payments: Take the initiative  If it hasn’t happened already, don’t wait until your mortgage lender begins contacting […]