Nov
02
Mortgage help?
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2 Comments
August 16th, 2009 at 1:17 am
No.
Most mortgages are due on the 1st of the month and a late FEE applies if they are paid after the 15th or 16th of the month.
Payments are not reported to the credit report as late until they are 30 DAYS late…which means if you had a payment due on January 1st, on February 1st it’s considered 30-days late and therefore, will be reported to the credit bureaus.
August 19th, 2009 at 10:37 am
Hi Betty Boop,
There might be something that you can do to save your home go to. HOPE NOW is a non profit cooperative effort between counselors, investors, and lenders to maximize outreach efforts to homeowners in distress.
They are non profit third party intermediary that will negotiate with your lender in your behalf to freeze your interest rate to its original rate.