i am unemployed i get $1600 a month from employment securety and behaind 6mo can i refince my home help

Chichi
Chichi
Other/Just Looking
Calumet City, IL

Wed Apr 22 2009, 09:11 - Foreclosure in 48186 - 1 answer
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Blaison Samuel
Blaison Samuel
Agent
Union City, CA
FIRST ANSWER

I dont think you can refinance but check with your lender or a good mortgage broker, may be they can help for loan modification. If you cannot get loan modification or refinance then you have to do short sale to avoid foreclosure. You have mentioned that you are already 6 months behind so take action now, talk to the lender for modifcation or do short sale.

Blaison Samuel
Certified Short Sale Specialist

Wed Apr 22 2009, 09:50
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Nancy Gray, Real Estate Pro in Bayville, NJ
I lost my job & can't make my (FHA) house payments I also have a 2nd mortgage. Before I lost my job we were
Answered Fri Apr 17 2009, 02:28 by Nancy Gray in 48186
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