Mortgage foreclosure - It is getting worse?

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HI,

I have posted a couple of times, but just opened my mail and found out my mortgage company (chase) has increased my payment again! I am now at 2943 per month and they increased the payment due to flood and hazard insurance of which I currently have. I have contacted them on numerous occasions and sent in docs proving I have insurance. No one ever seems to have an answer and they tell me that cannot do any escrow revisions for at least 6 months. I am now 90 days behind and doubt that i can make a payment this month. The mortage is in my name, my spouse was unemployed when we got the mortgage so we did not use him on the loan. Please someone help me. I have 3 children, I am working 2 jobs and my house is really falling apart. The reason we have such a high mortage is a very long story, but in summary it is due to me being screwed over by a friend who claimed she could "owner finance" my house. I am beggging for help, suggestions, advice........

Mortgage foreclosure - It is getting worse?

If I'm understanding you correctly, Chase has tacked on extra insurance due to them thinking you did not already have insurance? If that's the case, get on the phone and do not get off the phone until you get high enough up in the company to talk to someone that will fix the escrow.

Also write a letter to them clearly explaining the issue and listing the amount they have overcharged you. The address to send that to is PO Box 24696 Columbus, OH 43224-0696

Mortgage foreclosure - It is getting worse?

Refiance with a FIXED rate mortgage.

Provide proof of all the insurance to the new lendor so you don't get hit with the fees.

Mortgage foreclosure - It is getting worse?

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