Having Trouble Paying Mortgage

If you are a borrower and want to contact the VA Loan Guaranty Office regarding any aspect of your mortgage, please call 1-877-827-3702, with hours of operation from 8am to 6pm, EST. Please visit the trouble making payments web page if you have financial trouble or some other circumstance regarding your VA home loan.

Government Insured Reverse Mortgage Government Insured As a relatively new financial tool, the reverse mortgage option is being exercised by an unprecedented number of retirement age seniors. anticipating a flood of retiring baby-boomers, the government has taken an active role in establishing specific rules and guidelines for this type of loan.

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BEHIND ON YOUR MORTGAGE PAYMENTS? Help is available. FREE assistance from HUD-approved housing counseling agencies is available to you. Housing Counselors at non-profit or government agencies approved by the U.S. Department of Housing and Urban Development (HUD) are trained to help homeowners who are having problems making their mortgage payments.

If you are having trouble paying for your mortgage, your first step should always be to contact your lender. They want to help you to meet repayments. Your lender is able to discuss your options with you and can offer suggestions, including: temporary payment arrangements; lengthening the term of your mortgage, or

How To Pay Off My Mortgage? Taking out an additional loan to pay your debts – these loans can be very expensive and are often secured on your home, so putting it at greater risk. Mortgage offers that promise to help you avoid repossession might also put you at greater risk.

And even though they may have thousands put away in retirement nest eggs, lenders don’t use these assets in calculating a person’s debt-to-income ratio. If you are having trouble refinancing, here are some avenues to consider, depending on your needs and situation. Start with Your current mortgage holder. You have a history with this company.

5 Year Balloon Loan Calculator Balloon mortgage calculator – mortgage calculators – Bankrate – A balloon mortgage can be an excellent option for many homebuyers. A balloon mortgage is usually rather short, with a term of 5 years to 7 years, but the payment is based on a term of 30 years.

Having Trouble Paying Your Mortgage? We’re Here to Help. Save the Dream Ohio is administered by the Ohio Housing Finance Agency (OHFA) and funded by the U.S. Department of the Treasury’s hardest hit fund. save the Dream Ohio works with approved housing counseling agencies to help homeowners get the assistance they need to avoid foreclosure.

Are you stressed out about your mortgage payments? Do you have little or no equity in your home?. I have no trouble paying my bills but I don’t want to stay. My dad whom always prided himself.