will the state help you pay for your mortgage?
2006-12-02 04:56:59 · 5 answers · asked by whompin4me 1 in Business & Finance ➔ Renting & Real Estate
Depends upon the state
2006-12-02 05:06:21 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Generally no, not specifically to make your mortgate payments.
You might qualify for unemployment compensation depending upon the circumstances of your job loss. You're free to use those funds for anything you wish.
Go ahead and apply for food stamps as well as that will reduce the amount of $$$ that you have to spend for food and free up funds to make the mortgage payments.
If you have children, look into AFCD and Medicaid as well.
Contact your mortgage company and see if they can assist in any way. If you've been reliably paying on time for a while now they very well may be willing to work with you on the issue. I was in a similar situation many years ago and the mortgage lender agreed to let me slide for 3 months and add the unpaid interest to the back end of the loan. That did extend the live of the loan for several years but was enough for me to get back on my feet and catch up on the arrearages.
2006-12-02 05:18:08 · answer #2 · answered by Bostonian In MO 7 · 0⤊ 0⤋
No! My suggestion is to call your lender and let them know of your current situation and ask if there's anything they can suggest to help ease it up on you just while you are looking for a job. If you do come into some kind of agrarrangement, you HAVE to follow through! But if they say NO, then you're not in a worse position than you already are in...but at least you gave yourself a chance!
2006-12-02 05:09:32 · answer #3 · answered by ALEGNA 3 · 0⤊ 0⤋
the first answer is reliable, With that score you need to be able to refinance the living house. keep in ideas too, you'll need an section to stay and employ is extra intense priced than living house funds. your living house might want to nicely be reliable adequate to be collateral for a loan. contact the business company you manage for all of your different issues and characteristic a communique to work out what you should do. perhaps paying a economic representative for an hour of his time might want to be a income to locate some solutions.
2016-11-23 12:35:37 · answer #4 · answered by Anonymous · 0⤊ 0⤋
no
2006-12-02 04:58:31 · answer #5 · answered by george 2 6 · 0⤊ 0⤋