What happens if I do not accept the modification my
mortgage lender gives me? We have been under a temporary modification for over a year & are doing well with the temporary payment. Now, my lender wants me to agree to a permanent payment that is $300 higher than I'm paying now. This is only $75 lower than my original payment that I was not able to maintain. They base this on 31% of our gross salary, but after taxes and child support are deducted, I cannot afford this payment. Are there any other options for me to keep my home?
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08-20-2010, 06:56 AM
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