Sick and Cannot Pay Mortgage

Since there are som many different options and each situation is unique, it is best to gather all the data first, then come up with a solution.

You should consider a loan modification or selling your home. The worst case scenario is a foreclosure, which has the most devastating to your credit, and a short sale could have tax consequences. If you are willing to do what it takes, most lenders are willing to work with you, and that is where a professional comes in. It is important to keep an open mind and to stay positive during tough times, as often times there are solutions, that people do not even think about them, one idea, is taking on a roommate.