What do you do if you are behind on mortgage payments?
Bad news first: It is so difficult to catch up on late mortgage payments.
The good news: If you have the income, your mortgage company may work with you to help you catch up on the payments.
More bad news: It's not that easy to get your lender to help....even if they have the ability to help.
Good News: There is no "did not pay mortgage jail". All they can do is hound you via non-stop phone calls, people knocking on your door, and eventually foreclosure. The worst that could happen is being sued for the deficiency after the foreclosure....which in Florida, they can do and many bank will do.
Over 6 million home owners are behind on payments. That is a HUGE number! Because of…