Called my mortgage lender and was told I didn’t qualify because my income to expense shows me at -$1500.00. I said I know cause I lost my job. It doesn’t make sense. So they are saying if I have the money they can restructure. Am I missing something?
Yes, with no way to make payments restructuring is pointless, you will foreclose anyway.
You need to sell or foreclose.
What does not make sense if you thinking the bank needs to take ahit like that because you are not getting yourself another job.
Yes, with no way to make payments restructuring is pointless, you will foreclose anyway.
You need to sell or foreclose.
What does not make sense if you thinking the bank needs to take ahit like that because you are not getting yourself another job.
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