Government Mortgage Rate Refinancing
I dont know where to turn to now, my rate has gone up and i can barely make my home payment. With no equity, is there assist out there? I hear the government is stepping in to assist, but when and where? i have not been late once.
I forgot to mention my current Lendor Initial FRANKIN is not willing to assist =(
Answer by BeBeauti
call your lender, they can possibly modify your loan and keep your rate fixed or put you on a payment plan for any late payments.
When you call, ask why your payment went up when the prime interest rate is in the 4% range, ask them if they can make an adjustment to the loan to lower those payments.
ask ask ask and goodluck.
Check the link below. I also know that several banking establishments are trying to help stop foreclosures. Check you local State of ________ home page. There is usually a link on there also.