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if turned down for loan modification does the mortgage co give you time to pay the past due amt

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According to the terms of your Mortgage Agreemengt, no.

But most mortgage companies have thousands of foreclosed properties on the books, so they are usually willing to work with you.

You may seek help & guidance from the counselors appointed by the HUD department. But act quickly or else it could be too late.

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Yes its good idea as it will make you tension free.

 

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