Business Q&A

Question:
I have live here for 43 years, my husbund has become ill and cant work many hours. Our income has lowered quite substancually. And I am disabled with my heart I had a doubles bypass and we got 4 months behind on our payment . And the loan company wont refiance to bring our monthly pament down. They want forclose on us in 10 days.

Answer:
Unfortunately, yes they can. It would not be good business or publicity but to them it is just that “business”. I would contact a brokerage shop that can send your application for a loan to several banks/mortgage companies. They will most likely give you your best options. There are companies that specialize in loans w/borrowers in your situation: Accredited, Delta Funding, Fidelity mortgage, Option One.

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