You are here: Home Finances New Uses of ... Home Equity Loans ... What To Do If You Can't ...
Information For Living With: Choose condition »
Information about all aspects of finances affected by a serious health condition. Includes income sources such as work, investments, and private and government disability programs, and expenses such as medical bills, and how to deal with financial problems.
Information about all aspects of health care from choosing a doctor and treatment, staying safe in a hospital, to end of life care. Includes how to obtain, choose and maximize health insurance policies.
Answers to your practical questions such as how to travel safely despite your health condition, how to avoid getting infected by a pet, and what to say or not say to an insurance company.

Home Equity Loans and Lines of Credit 101 (HELOC)

What To Do If You Can't Afford The Payments On A Home Equity Loan

« Previous

8/8

If you cannot afford to make the monthly payment son  your home equity loan for any reason, speak with the lender(s) of both your mortgage and home equity loan about combining both loans into a new primary mortgage to lower overall costs.

If neither lender is willing to make the change, or to do so at a reasonable rate/amount, contact a mortgage broker to see what he or she can do to help.

When you calculate what you can save, include the costs associated with the refinance.

To learn more about mortgage refinancing, click here. 


Please share how this information is useful to you. 0 Comments

 

Post a Comment Have something to add to this topic? Contact Us.

Characters remaining:

  • Allowed markup: <a> <i> <b> <em> <u> <s> <strong> <code> <pre> <p>
    All other tags will be stripped.