Missed Mortgage Payments
Missed mortgage payments can have serious financial consequences. It is important to act quickly if you are having difficulty making your mortgage payment so that you can avoid falling further behind and any penalties associated with missed or late payments.
If you are struggling to make your monthly payment, contact your lender right away. They may be able to work with you to establish a repayment plan or modify the loan so that it is more affordable. A loan modification may reduce the interest rate, extend the term of the loan, or lower the monthly payment amount. If all else fails, foreclosure should be considered as a last resort.
It is wise to take steps now to avoid missing future payments by creating a budget and adhering to it closely.
The Law Offices of Omar Zambrano has helped thousands of people and businesses in the past to get out of debt and start over.
Our goal is to help you find a fresh start FAST!
Schedule your free consultation today! By Calling 626-338-5505 or visiting us at 12738 Ramona Blvd Baldwin Park CA 91706