The title of this article may be a little deceiving, however, this is exactly what we are going to talk about and that is how to Skip Mortgage Payments For Holiday Expenses. Let me start this off by first saying that I am not suggesting that you skip any of your scheduled mortgage payments in order to buy holiday gifts. If you were to do this you would affect your FICO credit score dramatically and having a late payment on your mortgage will hang with you for a long time. For example, if you were to Skip Mortgage Payments For Holiday Expenses, they were reported to the bureaus, and you had a previous bankruptcy or foreclosure you would find it difficult to obtain a refinance of your existing home or to purchase another home. Normally when you have a derogatory item/action on your credit report, lenders do not want to see late payments after these events have taken place since you have liquidated yourself of debts and/or a mortgage. However, there is still a way to Skip Mortgage Payments For Holiday Expenses and if you haven’t figured it out yet, it is fairly simple, and that is to refinance your home.
First of all, as long as you are not going with an FHA Streamline Mortgage Refinance where you do not get to skip a payment, you should be good to go. Now the next thing you will need to calculate is if you want to try and skip just 1 mortgage payment or if you’d really like to skip 2 months worth of payments. We will go over both scenarios on how to make this work below so you can Skip Mortgage Payments For Holiday Expenses.
As you can see in the options above, it is very dependent on the closing date as to whether you have the ability to Skip Mortgage Payments For Holiday Expenses. If it is possible for you to refinance your home and you can skip a month or two of payments then why not. If you’d like to see if you can Skip Mortgage Payments For Holiday Expenses then you need to call or text today at 888-900-1020, email me at firstname.lastname@example.org, or apply through my website www.loanconsultants.org.