Feb
27
Do lenders offer loan defferments or modifications to home loans if you are unable to pay for 1 month. ?
ByI want to be able to add the payment to the end of my home loan, not not get on a repayment plan. I am looking an option for only 1 month.
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1 Comments
March 2nd, 2010 at 11:44 pm
Yes, you can apply for loan modification if you are behind on your mortgage payment or just having a hardship paying your monthly amortization.
Loan Modification may lower your interest rate; forgive part of your loan; extend paying period so you can keep your home. These remedies are designed to make your payments affordable.