Please help – long complicated question on mortgages, tax and finance-what can I do?
I bought a house 18 months. before. I funded mine-my credit is bad, my $ – I agree, silence income. Loans under the name of my all-law says, we are tenants w / right of the survivor’s pension or something like that. I have a 80/20 loan w / rates of 12.5 and 8%. I was all done with my acct delay PMT PMT CKG T 2 <20 days. over most Kredit.Ich live in Cook County, Illinois, my taxes by 138% (free news sr year) I slammed with taxes for last year + tax for the year on a proj nxt January, will double my lg MTG! I do not want to lose my house, what are my options? Mom is now 65 years in February this year. I am on disability from work rt now, but pmt enough income to raise before. Perhaps the combined loan or something w / lower interest rates? What is this thing PMI if they cease to support you? PLEASE HELP!
since you have only owne the home for 18 months unless the value of the house has really increase you will be a one big bind — i would check and see i the value of the house has really risen in yes — you migh be able to refin and combine both loans!!! good luck!!!