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Tina, Lawyer
Category: Real Estate Law
Satisfied Customers: 5436
Experience:  17 years of legal experience including real estate law.
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What is the best way to keep our home we have 2 equity line

Customer Question

what is the best way to keep our home we have 2 equity line debt that is behind due to my husband losing his job after 18 years then had stroke now he has dementia so we are current on the first mortgage. the bank tripled the monthly payment we have been asking them to lower it back to and explain our situation but they have been pushing it till we cant even come up withe the money to be current. now they are trying to foreclosure on us
what to do know???
Submitted: 1 year ago.
Category: Real Estate Law
Expert:  RealEstateAnswer replied 1 year ago.
Do you know why they tripled the payment? Was this in the terms of the equity line? Or did this happen as a result of you falling behind in the payments? In addition, you shared that they may consider a modification but need to look inside?