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How do I ask my mortgage company to change options on my current mortgage

This is a topic titled How do I ask my mortgage company to change options on my current mortgage made in the Mortgage Talk section, belongs to our Mortgage Chat category; I currently have an interest only mortgage and am scared that I will not be able to afford my home when principal is added. How do I ask my mortgage ...








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Old October 3rd, 2008, 05:55 AM   #1
Mike
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Registered: Apr 2008
Posts: 1,497
Default How do I ask my mortgage company to change options on my current mortgage

I currently have an interest only mortgage and am scared that I will not be able to afford my home when principal is added. How do I ask my mortgage company to change my mortgage options? I can't refinance as the value of my house has lowered. I have never been a late on any payments in my entire credit history, I have excellent credit, I just don't know how to ask, or more specifically what I need to say. thank you for any advice offered.
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