I missed 2 mortgage payments, will the bank accept a one payment to cover the missing payments?

Leader Board

Leading Experts		Credits
1.	MortgageEnde	11842	Level 7
2.	ANiyazi	4816	Level 5
3.	mortgagepro	4496	Level 5
4.	carrielawlor	1676	Level 4
5.	MortgageManC	1105	Level 3
6.	t_cameron76	558	Level 2
7.	admingal1975	519	Level 2
8.	khourypa	362	Level 2
9.	Pattymurph	341	Level 2
10.	Flip	307	Level 2
11.	propertysold	264	Level 2
12.	Magan	245	Level 1
13.	michaels4316	245	Level 1
14.	Ron	244	Level 1
15.	Tristan	238	Level 1
16.	Ned	238	Level 1
17.	geoff12345	237	Level 1
18.	ConsumerProt	234	Level 1
19.	Shirly	232	Level 1
20.	Tracey	228	Level 1
21.	Charlie	218	Level 1
22.	Desperatewif	213	Level 1
23.	Jennette	206	Level 1
24.	Alejandra	201	Level 1
25.	Eusebio	199	Level 1
View all

Answer

Report Abuse

Vote:

Asked by
anonymous

Will the bank accept a payment from me to get up to date with the mortgage payments or the bank will take my home?

In Mortgage Cont.08

Industry Experts

+ Add Expert

	Q. I missed two payments of my home mortgage i dont want loose my house whats the best way to talk to the bank to modify my loan to reduce the amount o?
	"On canada - did you talk to the bank prior to skipping a payment..." ON Canada - did you talk to the bank prior to skipping a payment? You may want to consider refinancing your current mortgage if the rates would make sense. Email me if you are in Ontario and I will be more than happy to review your consideration victor_catalan@centum.ca - Victor Catalan (647) 378-2143. This answer closely relates to: Td bank mortgage canada miss payment What if i miss one mortgage payment in canada with bank of montreal? How many miss mortgage payment until foreclosure td bank? Td bank missed mortgage Can the bank not renew my mortgage when i have never missed a payment in ontario? How does scotia bank in canada do when your mortgage payment is late not missed? Missing a mortgage payment td bank Is defering your mortgage payment the same as skipping? Is there a penalty for skipping your mortgage payment td? Comment Reply Report 0 0

Q. What happens if i missed 2 mortgage payments?

"You should contact your bank right away and explain your situation..."

You should contact your bank right away and explain your situation and arrange the missing mortgage payments asap. You should not have a problem if you do that. Make sure when ever you miss a payment to keep in touch with the bank and let them know what`s going on.

Someone said: we lost our house because we couldn't come up with the two missed mortgage payment "late fees" two mortgare payments were 1500 total, late fees made payment $5000, forced bankruptcy, walked away homeless with six kids in Ontario, nothing anyone could do, found a decent landlord who took our 1500 as first and last, two more weeks to come up with 500 and have been in the house for 7 years, best thing that ever happened, not everyone can find a decent rental arrangement

This answer closely relates to:

Comment

Report

0 0

Q. What happens if i missed 2 mortgage payments?

"Ever there is a problem and a payment will be delayed..."

Yes, if you keep the bank in the loop when ever there is a problem and a payment will be delayed . Usually the bank is ok when you keep then in touch and make the payment at your earliest convenient. If you speak to your creditors you always can have a solutions which will give you some time to resolve the financial situation and to keep your mortgage.

This answer closely relates to:

Comment

Report

0 0

Add your answer/comments in just seconds. No signup necessary.
Just put your answer in the box below and hit Save.

Can you help us by answering one of these related questions?

We need your help! Please help us improve our content by removing questions that are essentially the same and merging them into this question. Please tell us which questions below are the same as this one:

Q: I missed 2 mortgage payments, will the bank accept a one payment to cover the missing payments?

The following questions have been merged into this one. If you feel any of these questions have been included in error help us improve our content by splitting these questions into seperate discussions. Please unmerge any questions that are not the same as this one:

Q: I missed 2 mortgage payments, will the bank accept a one payment to cover the missing payments?

If i were to miss three mortgage payments what will happen?
- Late 2 mortgage payments
How long after missing payment will bank report it?
- Missing a mortgage payment td bank
Will the bank let me skip a house payment or two?
- Td bank missing mortgage payment
What happens if i miss one or two mortgage payments and how do i make them up?
- Td missed mortgage payment
Is it ok to miss one mortgage payment?
- Td bank missed mortgage
How much of a hit would i take for missing a mortgage payment or two?
- Missing mortgage payment
Does the royal bank let you miss a mortgage payment?
- 2 months late on a mortgage can the bank withdraw money from your checking
What will the bank do if i miss a mortgage payment?
- 2 missed mortgage payments

Categories