Can't afford the monthly payments

Moe Bedard

Call 1-800-779-4547
Staff member
Loan Safe Mortgage
Aug 10, 2007
26,827
463
1,000
48
Southern California
www.loansafe.org
Hi,

It depends on your circumstances. Often, the only thing you can do is approach your mortgage servicer and ask for help or what is called a loan modification which will lower your interest rate and monthly payment.

Can you share more information?
 

carolinaskies

LoanSafe Member
Jul 19, 2010
31
0
6
Modification was denied. Mr.Cooper threatened Foreclosure naturally. We had to dip into our 401k to come up with $6500 to make sure we don't lose our home of 15 yrs