When would be the best time to try to get a help with my large adjustable HELOC to enable me to stay in my home?
If you are having any problems paying your loan, you should contact your lender immediately. Ask him what he can do to assist you, ask about any programs he has, and for a list of housing counselors. Call the housing counselors and ask them the same questions. There are many programs being developed to help homeowners, and many of these programs are being under utilized at this time. You and any homeowner who is having problems, should discuss them with their lender and counselors to seek out alternatives.
BankingQuestions.com is a free service made possible by the generous support of our advertisers. Advertisers are not responsible for site content. Please help us keep BankingQuestions.com FREE by supporting our advertisers. When you see an ad for a product or service you may have an interest in, click through to learn more.
Accounts
Article
Q&A
Podcast
Video
Blog
Discussions
PDF
Powerpoint
If you are having any problems paying your loan, you should contact your lender immediately. Ask him what he can do to assist you, ask about any programs he has, and for a list of housing counselors. Call the housing counselors and ask them the same questions. There are many programs being developed to help homeowners, and many of these programs are being under utilized at this time. You and any homeowner who is having problems, should discuss them with their lender and counselors to seek out alternatives.