PROVIDING FINANCIAL EDUCATION, ACROSS AMERICA - ONE COMMUNITY AT A TIME
Only 3% of Americans have a written financial plan, and most people put off retirement planning. Stress from financial issues impacts job performance, relationships and family life.
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October 6, 2014 | Category: Mortgage Brokering
| Author: Consumer Financial Protection Bureau
If you can’t pay your mortgage, call your servicer right away. Your servicer may be willing to help you if you have missed a payment or are about to miss a payment. However, the further you fall behind in your payments, the harder it will be for you to work out an agreement with your servicer to help you stay in your home.
You can find the telephone number for your mortgage servicer in your monthly mortgage loan statement. If you don’t get a monthly mortgage statement, look in the mortgage loan coupon book your lender gave you. You can also search the Mortgage Electronic Registration Systems (MERS) or call them toll-free at 888-679-6377 to find the company that services your mortgage.
When you call, be prepared to explain:
1) Why you are...