I recently lost my job and with the price of gas my husband I and I can longer meet the deprivation of our SUV payment, gas, & insurance. We were thought of handing it back over to the bank to just be done with the whole thing. We want to buy a home in a few years. How will this affect us?
I bought my home and got my loan from a sub prime lender. My payment is so high, At the time I had 2 jobs but lost one due to the economy and may not even qualify for a loan now based on income ratio? Any suggestions
I’m not in distress with my payments…yet. But my interest rates are higher then whats available today, and i’m in the 3rd year of a 5 year interest only arm. Do I have to wait until I am in financial distress to get a lower rate? i’ve lost value on my home. i paid 165,000 and it is now worth around 110,000.
After struggling to keep our home the mortgage company called it a re-negotiated loan. I am frightened we wont be able to qualify for the tax credit. 2009 was a hard year for our family.
I recently lost my job. I have lexus and it is financed through lexus/toyota. I owe for Feb. and Mar. Would I still be able to refinance my car even though I am behind on payments? Would they try to work with me since my situation seems to be common across the country?