I have a 1st mortgage at 7.67% and a second at 12.25% I am not able to refinance because there is no equity in my home at this time plus I had a bankruptsy dicharge a year ago. I also do not qualify for modification because I am and have always been current or ahead in my loan payments. I would like to combine both mortgages under a low fixed rate to include escrow even for a 15 year period as opposed to 30. The problem no one wants to help.
SO my question is how long does it take for mortgage lenders to foreclose on your house if you choose to go into default.
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.I Filed Bankruptcy Last Year But Now Want Out From Under My Mortgages. - David by Steve Rhode