I own a home with my fiance. He was arrested for domestic violence (that didnt start until we bought the home, go figure) and has a restraining order on him.
He has stopped paying his half of the mortgage and our bills. I contacted our lender (Bank of America) and they said my debt to income is too high (I dont make enough to carry our loan (199k).
I am two months behind and not sure how or when I can make a full payment. We have an FHA loan at 5.5%. I contacted lendingtree and got the same response- I dont make qualify because my mortgage is more than 31% of my income (duh!) my income is down to 1 now. I am desperately trying to keep my home and make the payments but with no relief in sight.
I thought lenders have programs available to help people in times of need? I have never missed a payment in the 4 years I’ve owned my home. Now I need help and they refuse. What now?
If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free.My Partner Was Kicked Out for Domestic Violence and Now I Can't Afford the House. - Victoria by Steve Rhode