Are you experiencing difficulty with mortgage payments? Your mortgage company can be a valuable resource for support and guidance. Learn how they can assist you during challenging times. financialjourney
The Financial Journey is a unique series focused on financial education and opportunities. These stories have been created through a strategic partnership between Wells Fargo and Word In Black.
“If you have a loss of income at work or if a family member has an unexpected medical issue, don’t be afraid to pick up the phone,” Washington said. “Call your mortgage servicer. Have that conversation: ‘Hey, my mortgage payment may be late this month. What options do I have?’” Mortgage modification could be another option. A loan modification may change certain terms of your loan to help make your payments or terms more manageable.
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