Refi In A Forebearance Agreement?

shellyroy profile photo

Is that possible? I don't want to loose my house but the payment is twice my original mortgage payment $2206.

Any suggestions would be appreciated.

Comments(1)

  • DerrickAli27th July, 2003

    ShellyRoy:

    NICE to meet you!

    Tell us more...this site is full of qualified mortgage industry Pros that may be able to assist you.

    My first suggestion however is to re-contact your lender and request a
    MODIFICATION of MORTGAGE.

    This solution could entail the total re-writing of the existing loan adding all of those delinquent payments held in forebearance plus new recording fees and closing costs into a Brand New Loan + Payment for you.

    If they balk you might want to try to prepare yourself by reviewing the:

    "5 SECRETS Lenders WON'T Tell Homeowners Facing Foreclosure" at:

    http://home.earthlink.net/~cmla2003/id2.html

    Let us know if it helps you!

    Derrick Ali

    PS. I just checked their is a Temporary issue with the link so I will Private Mail you the 5 SECRETS OK?[ Edited by DerrickAli on Date 07/27/2003 ]

Add Comment

Login To Comment