Sentences with phrase «to keep up with one's mortgage payments»

Some homeowners can't keep up with their mortgage payments once the interest rate on their ARM jumps up.

If the maximum interest rate is too high, you could have trouble keeping up with your mortgage payments down the road.

But I think a lot of people find it hard to keep up with the mortgage payments on a 15 year.

You should also keep enough money in your emergency fund so you can keep up with the mortgage payments even if you lose your job.

If you've been faithfully keeping up with mortgage payments for years, you've built equity in your home.

If you can't keep up with your mortgage payments and don't use a mortgage modification, your only alternatives may be a short sale or a foreclosure.

You're having trouble keeping up with mortgage payments and other bills.

Unless your family keeps up with the mortgage payments, the lender could foreclose.

Many Canadians, especially those in Toronto and Vancouver, have found themselves unable to invest outside of their homes because they can barely keep up with their mortgage payments.

A short sale can be the best option for all parties involved (you, the bank, investors, etc) when you can't keep up with your mortgage payments.

This FHASecure expansion will help more homeowners who are struggling to keep up with mortgage payments on their high - cost subprime loans.

«Each week, we talk to hundreds of homeowners who are having trouble keeping up with their mortgage payments.»

However, Poloz hasn't appeared overly fearful of triggering a financial crisis, arguing that lower interest rates will help to avoid one by making it easier for homeowners to keep up with their mortgage payments.

That's because your investment in the higher down payment shows that you have plenty of money and that you're committed to building equity in the house, so the lender sees you as more likely to keep up with your mortgage payments.

That way, if you run into emergencies such as a job loss or illness you'll have a cushion to help you keep up with your mortgage payments.

As debts pile up however, this creates a big problem, a debt cycle of using new debt to keep up with mortgage payments, car loans, student debt and ultimately living expenses.

«For families struggling to keep up with their mortgage payments, this program will be another resource to refinance into a loan they can afford,» said HUD Secretary Steve Preston.

If you can't or don't want to sell, you make do by using your credit cards to pay your living expenses so you can keep up with your mortgage payments.

If you're struggling to keep up with your mortgage payments or you've already fallen way behind, a mortgage modification can help you save your home and lighten your financial load.

We know that your home is probably your biggest asset and while you may be struggling to keep up with your mortgage payments you may want to keep your home no matter what.

Again, this deals with your other debts, not your mortgage, but it may give you enough financial flexibility to keep up with your mortgage payments.

Homeowners who are facing bankruptcy are often unable to keep up with their mortgage payments and may have taken out a second mortgage as they struggle to stay afloat financially.

The idea is that even though you are struggling to keep up with mortgage payments, you might be able afford a lower rent.

However, if you are struggling to keep up with your mortgage payments, this may very well be your final option after a long financial struggle.

The U.S. unemployment rate is at 9.2 percent and many Americans are struggling to keep up with mortgage payments, credit card debt and other bills.

We were able to help them create a plan to settle their debt, keep their home and protect enough of their cash flow to continue to keep their kids in school and keep up with the mortgage payments.

A meeting with our North York bankruptcy trustee quickly confirmed that if they could get this debt under control they could keep up with the mortgage payments and still help their children finish school.

You need not demonstrate abject poverty, only the inability to keep up with mortgage payments.

Keeping up with your mortgage payments will also help you steadily build more home equity.

Sticking to a sound budget will help you keep up with your mortgage payments and save some funds for future replacement and maintenance items.

Although real estate can serve as a long - term investment as well as a home for your family, many Americans now struggle to keep up with mortgage payments.

Hopefully, Blair's outlook for income will improve so he can meet his lifestyle needs, keep up with mortgage payments and recover the savings that was lost.

While she's paying child support, she is struggling to keep up with her mortgage payments.

If you are experiencing or have recently experienced a hardship and are unable to keep up with your mortgage payments, contact us.

The monthly cash flow savings allowed them to keep up with their mortgage payments.

Nonetheless, there are still a significant number of individuals struggling to keep up with their mortgage payments, and the exclusion is vital for lessening the financial impacts of a foreclosure, short sale or loan restructure and saving distressed families from a dire hardship.

As the economy deteriorates, more homeowners are struggling to keep up with mortgage payments.

If they could no longer afford to live in the family home, could they keep up with the mortgage payments until the house sold, or would they risk foreclosure?

As explained in the article you read, most people in your situation purchase term life for the majority (the most vulnerable years) of their mortgage, during the time that if either spouse died and their income disappeared, that the survivor would likely lose their home through the inability to keep up with mortgage payments.

But it's different if you owe $ 800,000 on your home and are no longer able to keep up with mortgage payments.

Nonetheless, there are still a significant number of individuals struggling to keep up with their mortgage payments, and the exclusion is vital for lessening the financial impacts of a foreclosure, short sale or loan restructure and saving distressed families from a dire hardship.

There may be instances where your client has over-mortgaged their house and is unable to keep up with the mortgage payments.

Keeping up with mortgage payments can be one of the biggest financial responsibilities you take on, aside from keeping food on the table.

The owners may not be able to keep up with the mortgage payments.

This means there is still a significant number of households struggling to keep up with their mortgage payments.

When an illness or job loss hits a family, it can be tough to keep up with mortgage payments.

If you can't keep up with your mortgage payments, it's best to get help before you default on your home loan.