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VA Refi - Pending Foreclosure

Hello - I am behind on my mortgage 90 days. This is the only time i have been late, I am sick and on Chemotherapy and can't return to work and can't refi with no job/income. I wanted to know if there is a way to salvage my home? I am now in the process of filing for retirement and pension, I will have a fixed income of about $5,200 a month, right now I am living on savings until retirement payouts start...I a,m told about 60 more days. My credit score is 691 and i have owned my home for 27 years and never a late payment until my recent illness. I own $289k. Many thanks by BILLJAMES_FFVET78305 from Vallejo, California. May 23rd 2018 Reply

William J Acres (William_Acres)
#73 ranked lender in Arizona - 8,722 contributions

So sorry to hear about your situation.. but you need to call your current lender immediately.. by law, they are supposed to give you options to avoid foreclosure.. It's possible they can put the 3 unpaid payments on the end of your loan,, it's possible they can help with a loan modification.. but in all reality, you wont know what's available to you until you call your current lender.. best wishes,,, I'm a preferred Lender with California and Arizona being my primary markets. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 NMLS# 226347 / LendUS, NMLS 1938/ AZMB0121893

May 23rd 2018
Giovanni Aranda (GioAranda)
#917 ranked lender in California - 30 contributions

Hi, Sorry to hear of your situation. Have you considered a Reverse mortgage? If you qualify you will not need to make mortgage payments. You can contact me to further discuss if this is an option. 619-669-5518Giovanni ArandaAmerican 1st Home Loans

May 24th 2018
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