Mortgage Payments

Tag Archive for 'mortgage payments'

Is it possible to qualify for loan restructure for a second home?

May 2nd, 2010 by admin

I have 2 homes; one I live in the other my son rents and I am having a hard time making mortgage payments. The house is worth less than I owe and my son can’t make the payment of $1700 a month. I owe approximately $ 200,000. The home is in San Bernardino county California. [...]

Tags: mortgage, mortgage payments. Loan Qualify 5 Comments

Does a person need to be behind in mortgage payments in order to qualify for loan modification?

April 16th, 2010 by admin

We are current on our home loan but our work has slowed considerably and we don’t foresee being able to make our mortgage payments in the near future. Our loan is through Bank of America. Has anyone been able to qualify for a Loan Modification that has been in the same position? Any guidance would [...]

Tags: Home-Loan, Loan-Modification, mortgage payments. Loan Qualify 3 Comments

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