Jun
20
cleo
I am 1 month behind on my mortgage and they have cut my work hours. I send a letter to mortgage company to see if i could get modification and the told me NO. Can any one help with a place that would help with the mortgage payments. I cannot refinance because of my income.
Also forgot to state I had a 2nd job but because of my health i could not keep it worked 2nd job for 4 months
I am 1 month behind on my mortgage and they have cut my work hours. I send a letter to mortgage company to see if i could get modification and the told me NO. Can any one help with a place that would help with the mortgage payments. I cannot refinance because of my income.
Also forgot to state I had a 2nd job but because of my health i could not keep it worked 2nd job for 4 months
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4 Responses to “Can anyone tell me a program that can help pay on your mortgage?”
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Call your lender again and ask them specifically about the “Hope for Homeowners” program. Find out if they are participating. It is a program that will refinance you into a FHA loan and lower your payment. There are some stipulations that you must meet, but it is designed to help with those that have had their income lowered and are having a hard time making their payments.
check this website for more:
Rent a room.
Your only hope is “Hope for Homeowners” through FHA if your mortgage company/bank is participating.
Since a house is considered an asset, there cannot be any program, such as a charity, which assists you in paying your mortgage.
Get a second job since your hours have been cut back at Job #1. You need the money, and not only for your mortgage. Also, slash your spending — the mortgage has to be paid or you are in big trouble on numerous fronts.
I agree with the first answer. Check with your mortgage company if they are participating in the Hope for Homeowners government program. If that does not work, find out why you were denied the modification. Sometimes if your only behind 1 or 2 months they will not try and help they will just tell you to catch up and then they’ll see what your alternatives are. But if you really fall behind and then ask them for help more then likely they will help you as long as you prove you can make the new modified payment. Again check why you were denied and go from there and try again.