Can’t Get a “Work Out 
Posted by Peter on Nov 18, 2008 and stored in Consumer advice, Foreclosure news
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…. you may be able to prevent your home in San Diego going into foreclosure – call Your Private Mortgage Insurance Provider!
Having trouble getting a hold of your lender to attempt to “work out” your mortgage… you are not alone?! There is a way to “work” the system! If you did not get an “80-20” loan and were required to get mortgage insurance contact you’re mortgage insurance provider in regards to needing a “work out” on your loan. Check your mortgage paper work; the insurance provider’s contact information should be within it.
Although the mortgage insurance provider does not carry the loan, if you go into foreclosure they suffer along with the lender! In other words, it may benefit them if you get a “work out” and are not foreclosed on. Often times they have direct contacts to the lenders, rather than the round robin phone systems consumers are forced to deal with.
Chances are they can get the ball rolling faster than if you were to do it on your own, so if you haven’t already make the call to them today and explain your circumstances! You just might get that “work out” and be able to avoid foreclosure!
If you are considering a "short sale" for your San Diego home please contact us to see if we can assist you …
» Posted by Peter
