Mortgage payments should always be your top priority. If you are unable to pay all your bills, make your mortgage payment first. The more equity your property has the more you stand to lose through foreclosure. Also, late fees, collection costs, and foreclosure fees are chargeable to your mortgage account. These fees can add up quickly, compound financial difficulties, and hurt your ability to catch up after falling behind.
It is not our policy to arrange Note Modifications. However, we may be willing to negociate a forbearance to give you time to catch up with your payments. If your balloon payment is due we will try to arrange a loan extension or refinance.
It is important to keep in contact with us.