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Old 08-11-2009, 09:12 AM
r s r s is offline
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Default How can I lower my mortgage debt?

My mortgage is $330,000, interest only. I have no equity. My house is now worth $230,000. I am making the payments, but working 3 jobs and killing myself. How can I lower my payments or principal balance?Sorry I should say, I am looking for suggestions regarding approaching the lender or any of the government programs out there? Is there any help for me? Seems people who stopped paying get the help?
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Old 08-11-2009, 12:17 PM
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Pay as much as you can to the mortgage, cut unneeded costs, maybe you can refinance with a different bank for a lower interest rate.
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Old 08-11-2009, 01:47 PM
JK JK is offline
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go talk to a experienced loan officer. ask professionals!
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