If anyone tells you to stop making mortgage loan payments, they may be trying to scam you. Not making your mortgage loan payments could hurt your credit score and limit your options. Report individuals giving you this advice by file ...
Depending on your financial situation and needs, there may be other types of loans that make more sense for you. These include second mortgage loans, which may have lower fees – but you will need to be able to make ...
Foreclosure processes differ by state. If you are worried about foreclosure, you should call the CFPB at 1-855-411-CFPB (2372) to be connected with a U.S. Department of Housing and Urban Development (HUD)-approved housing counselor.Typically, once you fall three months behind ...
There are steps you can take: Call your servicer. Depending on your situation, your servicer may be able to modify the terms of your loan or provide other forms of relief. Talk to a HUD-approved housing counselor. A U.S. Department ...
HUD-approved housing counselors are specially trained and work for agencies certified by the U.S. Department of Housing and Urban Development. That means you can have confidence that a HUD-approved housing counselor is well equipped to help you understand and evaluate ...
You do not need to pay someone large sums of money to help you modify your mortgage. People who charge a lot of money in advance of any result may be violating the law. Depending on your financial situation, U.S. ...
If you’re unemployed, there are federal programs – Home Affordable Unemployment Program or the Hardest Hit Fund – that are designed to help homeowners who have lost their jobs. Foreclosure prevention counseling and homeless counseling services are available free of ...
You can send a Qualified Written Request (QWR) explaining the issue. If you are current on your loan and your servicer still refuses to accept your payment, you can file a complaint with the CFPB online or by calling (855) 411 CFPB ...
You can send a Qualified Written Request (QWR) requesting an explanation. Be sure you have followed the instructions for submitting your mortgage payment. If you are current on your loan, and yet the servicer refuses to accept your payment, then ...
You do not have to pay an estate planning service or anyone else to find you a reverse mortgage. The Department of Housing and Urban Development (HUD) provides both a list of HUD-approved lenders on its website at no cost ...