What if I cant pay my second mortgage. I owe what my house is worth on my first mortgage. I filed bankruptcy?
Thursday, July 30th, 2009
Posts Tagged ‘First Mortgage’
Need Advice on Second Mortgage When First Is Foreclosed On?
Wednesday, July 29th, 2009
johnsgirl3006 asked:
My first mortgage was foreclosed on but the second continues to hound me (6 years later). They keep refiling every six months to keep themselves on my credit report. How long can they do that? I thought that they could only be on the report for 7 years total.
Annie
My first mortgage was foreclosed on but the second continues to hound me (6 years later). They keep refiling every six months to keep themselves on my credit report. How long can they do that? I thought that they could only be on the report for 7 years total.
Annie
Boyfriend stop paying second mortgage, and now they are trying to take home what can I do, first mortgage paid
Sunday, July 19th, 2009
mrspowell45225 asked:
I pay first mortgage on time and taxes on time so how can I keep my home .
Willie
I pay first mortgage on time and taxes on time so how can I keep my home .
Willie
What would happen with my house if I stop paying the second mortgage which I can’t afford?
Friday, July 17th, 2009
Yovany asked:
I can only afford to pay my first mortgage and I can’t refinance the loan because of the decreased home value and bad credit.
Ida
I can only afford to pay my first mortgage and I can’t refinance the loan because of the decreased home value and bad credit.
Ida
ok can anyone help me figure this out for a friend?On a second mortgage?
Wednesday, July 15th, 2009
Natazha T asked:
Ok my friend owes 80,000 dollars left on his first mortgage and has bills up to 40,000 .Good credit pays on time but he wants to take a second mortgage of around 125,000 pay the same house and the bills and have one mortgage .Pay more Yes and maybe financed for another 15 years ok but how do we do that .Can you even do that?And if you can what do you do?
Gail
Ok my friend owes 80,000 dollars left on his first mortgage and has bills up to 40,000 .Good credit pays on time but he wants to take a second mortgage of around 125,000 pay the same house and the bills and have one mortgage .Pay more Yes and maybe financed for another 15 years ok but how do we do that .Can you even do that?And if you can what do you do?
Gail
what is a first mortgage and a second mortgage?
Sunday, July 12th, 2009
hit_man1 asked:
whats the difference between the two? what are examples of second mortgages and first mortgages? thanks!
Philip
whats the difference between the two? what are examples of second mortgages and first mortgages? thanks!
Philip
When a house goes into forecloseure, which mortgage gets paid off first, the second or first?
Thursday, July 9th, 2009
kc asked:
I loaned someone money so they could get a second mortgage. Now I am afraid the house is going to go into foreclosure. Will my second mortgage be payed off first when it gets auctioned off, or the first? What does this mean for me?
Thanks everyone, and Michael, I am fairly sure that the two mortgages are through the same lender, so if this is the case, then I guess the first mortgage would be paid off first and if there was not enough money to pay off the second then I would owe that money. Is this correct?
Heidi
I loaned someone money so they could get a second mortgage. Now I am afraid the house is going to go into foreclosure. Will my second mortgage be payed off first when it gets auctioned off, or the first? What does this mean for me?
Thanks everyone, and Michael, I am fairly sure that the two mortgages are through the same lender, so if this is the case, then I guess the first mortgage would be paid off first and if there was not enough money to pay off the second then I would owe that money. Is this correct?
Heidi
Is it possible to refinance a 2nd mortgage, and not touch the 1st?
Tuesday, November 18th, 2008
Christine L asked:
I have a great fixed rate on my first mortgage 4 3/4%, however I am paying about 11% on my second. Are there any companies out there that will refinance only the 2nd? And how does equity come into play with this, the CA housing market is not that great! Not looking for cash out, just a lower monthly payment. If anyone knows a company that might work with us, please let me know. Thanks,
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I have a great fixed rate on my first mortgage 4 3/4%, however I am paying about 11% on my second. Are there any companies out there that will refinance only the 2nd? And how does equity come into play with this, the CA housing market is not that great! Not looking for cash out, just a lower monthly payment. If anyone knows a company that might work with us, please let me know. Thanks,
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