For any legal advice, you would need to consult with an attorney. As soon as you are more than 30 days late on a mortgage payment, the lender can initiate foreclosure proceedings. It must be advertised in the newspaper of record for the county for 4 consecutive weeks prior to sale on the courthouse steps the 1st Tuesday of each month.
Calling your lender is very critical in determining options.
Rodney Mason, NMLS #151088
Sr Loan Officer
825 Juniper St NE, Atlanta, GA 30308
Office: (404) 591-2453
Apply Online at http://www.rodneymason.com
Licensed in Alabama & Georgia with over a decade of lending experience.
Prospect Mortgage offers a full selection of mortgage programs including:
Conventional | FHA | FHA 580-639 FICO | FHA 203K Renovation (Streamline & Consultant) | HomePathÂ® | HomePathÂ® Renovation | HomeStyleÂ® Renovation | VA | USDA | GA Dream | Jumbo Financing.