Jan
20
I am behind on monthly mortgage payments. Can my mortgage company credit my escrow refund without my approval?
By
I really need to get my car repaired. I’d rather use the money for that and catch up on my mortgage later. They said I had to apply the check to my arrears.
Quick House Sale
Related articles:
- Can my mortgage company take my tax refund if i am in foreclosure? We are in “accellerated” foreclosure. We haven’t received the notice of sale, but the company refuses to accept any payment from us unless it is the full arrears. Yet,...
- Is there a way out of this one? A friend surrendered their house back to the mortgage company? The house was surrendered the house due to arrears, but only a few days ago. I now want to re-buy the house for my friend then sell it to...
- Bad Credit Debt Consolidation Mortgage: Managing Credit Card Debts Are you such a compulsive shopper that you find yourself unable to manage your credit card debts? Do you feel that you are going down under, what with the...
- If you’re behind on mortgage payments, but now have enough to pay almost all of the arrears, will citi accept what you have now and let you pay the remainder in two weeks. Last time I talked to them, they wanted 9000 (incl. legal fees), now another payment is...
- Bad Credit Mortgage Loan: Miracle for the Bad Credit Money is next to the God which bestows us many tags like bad credit, bankrupt, defaulters, mortgage arrears etc. These names are given to the persons when they go...
2 Comments
April 14th, 2009 at 1:49 am
They are correct.
April 14th, 2009 at 1:19 pm
Absolutely they can. And unless you want to lose your house, you better talk to them right away and go over this stuff. They hate it when you fall behind and don’t let them know what’s going on. They may be willing to negotiate a little, but they won’t once you’re too deep in the hole.