Late on mortage & home equity loan?
We had some money problems earlier in the year & now we are behind on our 1st & 2nd mortgage. We have no way to get caught up as we have no extra money. We are making monthly payments but they are late. We can’t sell cause property values dropped & we owe more than it’s worth. We refinanced in Oct & got screwed with an adjustable on the 2nd mortg. & now we’re paying 19% interest total on 2 interest only loans. I have placed calls to the mortgage company. They assigned us a loan negotiator but I haven’t heard from her yet. It has been a month and I’ve left 3 voice mails. I am totally stressed. I’m making payments, but they are late every month. I also need to pay my other bills. We have one credit card with a low maxed out limit & 1 car payment. All other bills are standard household bills. Not sure what else to do. Want to get back on track but if mortgage company doesn’t call me that can’t happen. Help!
I will check out that website. Thanks.
Both mortgages are with Countrywide and my hope is they will work something out with me. They have different options. Problem is, the loan negotiater won’t call me back. When I call them they said her extension is listed wrong in the directory. So I left a msg with her supervisor and someone at the office emailed her. Nothing yet! And they won’t assign me anyone else to work with. How can I work something out if they don’t call me back?