How can I reduce my mortgage payment?

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I have excellent credit, I own my house for 2 years. I have not had a job for 6 months, my income is now lower. I am even if my payments on time, but all I do is not enough, I can only give my bills, so I know I can not last long …. I have 2 loans at home when I refinance ago PMI, which is not lower my payment. Is what I can do?
I’m late, and interest and penalties develops täglich.Die minimum they will accept, even in a program “financial emergency” rehabilitation is $ 400. Moïtch can not repay this amount at the moment … But if I’m not the monthly amount will increase and dich.Ich am a homeowner .. do I get a refinancing loan and pays the FBI and the amount of my mortgage?

6 Comments
  1. Reply
    dusty_titus
    April 29, 2011 at 9:15 pm

    You could and should notify both lenders that you are experiencing financial difficulties and are no longer gainfully employed and your savings are going fast. This would perhaps start a exchange for the lenders temporary “forbearance” (means adding unpaid balances to extended loan period) You need to talk to your lenders Now!

  2. Reply
    Lydia
    April 29, 2011 at 9:56 pm

    Have you heard of Loans Approved U/k Ltd before?

    Do you wish to get your loan transferred within a shortest time. Go get your loan approved and legitimate company, there you will receive an instant quote for your loan transfer with affordable interest of 4% . You can get your loan approval with a minimum collateral or non-collateral with fair rate.

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  3. Reply
    Antanika M
    April 29, 2011 at 10:30 pm

    work and get the money and then u can pay it or say your family member and then u got 2 pay them back.

  4. Reply
    wolfenstein
    April 29, 2011 at 11:10 pm

    a path to hitler will get you everthing

  5. Reply
    Tiare
    April 29, 2011 at 11:26 pm

    the bad thing about student loans is that there is no way out. cant file bankruptcy so you must pay one way or the other or they can make your life miserable. If it were me and I could afford it, I would take out the home equity loan and pay them off completely, if the interest rate was tolerable. then the interest would also be tax deductible also. you may want to repost this in the business and finance section in order to get responses from people who work in the finance industry as this is not so directly related to financial aid, per se

  6. Reply
    tommy b
    April 29, 2011 at 11:50 pm

    Without knowing the balance of your loan its tough to say whether 400 is really the minimum payment they can accept. Try waiting until the end of the month then call in and offer what you can afford to pay monthly. If they won’t accept it call back in a couple weeks and offer it again if they still refuse tell them you are doing a refi and would like a settlement they generally settle for 85pct. Thats assuming the refi is your last resort. I know nothing about your financial situation or interest rates or how much you would save with a settlement so you will just have to figure out what works best for you.
    Good luck!

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