My Mortgage Company Won’t Help Unless I’m 3 Months Down!

 

What is the Problem?

This one comes from Daniel in Carlisle, and he says:

“I know I’m going to have difficulty with a few months payments on my mortgage, but when I contacted the mortgage company, staff told me they couldn’t agree a payment arrangement until I’m actually 3 months in arrears; is that correct because it seems crazy?”

  • The requirement to be three (3) months in arrear, before the Bank will discuss a payment arrangement, is more than likely the...
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