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  • Nov 8, 2006, 01:22 PM
    TULANE74
    Mortgages
    Just bought a home in June and since moving I have lost my job, is there any help out there to help me with my mortgage payments?
  • Nov 8, 2006, 08:00 PM
    RichardBondMan
    I am not sure, check with your mortgage lender, ask if you by chance purchased any insurance that pays your mortgage payments should you lose you employment. I never buy that type of insurance, it seems rather expensive to me... I just find a way to stay current, whatever it takes as long as it's honest work. Good luck.
  • Nov 18, 2006, 08:56 PM
    Dwight_Pigg
    Quote:

    Originally Posted by TULANE74
    Just bought a home in june and since moving I have lost my job, is there any help out there to help me with my morgage payments?

    Some non profit organizations have short term payment assistance programs. I would start with some of the larger churches in your area or The United Way.
  • Nov 19, 2006, 07:21 PM
    wildcatgirl
    Considering that you have just bought this home and haven't had any time to build tremendous equity (unless you put a bunch of money down), you may want to explain to your lender what has happened. You can sometimes work out a new structured payment plan with them. A friend of mine went through a divorce and she worked out a temporary payment plan with her bank until she could sell the house and they didn't even report any delinquency on her credit bureau.

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