Repayment Plans... is One all I will ever get?

If you are on a payment plan now does that mean that you can't get another one?

Many people contact us and state that the mortgage company put them on a payment plan that they couldn't afford. Just because the mortgage company has approved you for a repayment plan does not mean that's the only one you will ever get. They typically will give you multiple chances to bring your loan current.

”We were on a payment plan ,my husband was out of work due to health now we are both working and Wells Fargo put it into foreclosure because of one missed payment, we can now make our payments they said its two thousand six hundred to get it back to normal payments our income starting as of march will be 2,700 monthly I know we can do good on our payments now but cannot come up with 2,700 by April 26 can you please advise what we can do this is our only home with 3 children and we do not want to loose our home thank you.”

We can get you approved for another a payment plan if we can show you can afford your house. We will develop a detailed financial portfolio your income versus expenses to show the mortgage company that you can indeed afford the house and to show them what you can afford if you are approved for another repayment plan.