What can I do to avoid foreclosure if my mortgage is 5months behind? Is there an organization that can help m

Answer 1

You should first try to work out something with your current mortgage company. See if they won't refinance your loan and add the 5 months to the end. Before things get any worse, you could consider selling now. But you're close now to the foreclosure notice. Best to contact your loan company tomorrow and try to work this out.

Answer 2

My mortgage was 6 months behind and I was able to sell my house, payoff the outstanding balance and avoid foreclosure.

I would not take on additional debt to pay a late debt. The other poster will also foreclose on your home if you don't pay her AND the first mortgage.

Answer 3

I am a loan officer. Have you tried a foreclosure bailout loan.what is the present value and the amount you owe. I can let you know if you would qualify fot this type of loan,most banks wont do this type of financing. The banks that do will charge higher interest rates due to the circumstances but it will save your house

Answer 4

Yeah, I can help you. Give me a call at [phone]. I work with a company specializing in Foreclosure Avoidance.

Answer 5

once you say without "conformed income", do you advise your buddy's tax go back received't be sure the quantity of income he claims? i imagine you've been intending to say shown income. Banks make suggested income or no income/no asset loans to those who've a demanding time verifying their income, like those who're self-employed or those with unearned income, like believe money or annuities. there is an more advantageous possibility for the commercial employer (your buddy being a for instance) so the man's credit might want to be solid (in my business business enterprise 720 is the minimum) and the activity fee is larger to make amends for the further possibility. particularly than enable it foreclose, your buddy might want to communicate over with the commercial employer, clarify the problem and be conscious in the journey that they could be able to paintings with him on it. in basic terms letting the residing house flow will damage his credit and throw away each and every of the money he's already positioned into it. The economic employer truly doesn't want his residing house. this is no longer something yet difficulty for them so that they could properly be ready to locate a thanks to paintings it out with him. He needs to communicate over with someone in the servicing branch, no longer in the refinance branch.

Answer 6

On the first of the month, in most cities, the United Way has funds to help you.

Answer 7

If your loan to valve is below 70% in most states, you may be able to refinance it. Montgomery Capital Corp. http://1stmdloans.com

Answer 8

Ya. It's called www.payyourgdbillsontime.com !!!!!