Can i skip a mortgage payment?

Interesting Question?   (4)   (7)

Answers (1)

24th Feb 2011 by admint

This depends on your lender. There are mortgage programs that donít charge when you skip a payment. What happens is that the interest from the skipped payment will be added to the principal balance of the mortgage. However, there are some lenders who will tag you as delinquent once you skip a payment.

Like This Answer?   (0)   (0)
This answer is the subjective opinion of the writer and not of

20th Apr 2010 In Mortgage 1 Answers | 485 Views
Subjects: mortgage,

Answer This Question / Give Your Opinion
Can i skip a mortgage payment?

Answer: *

What country is this answer relevent to? *
Your Name: *

Enter Verification Number: *

Give Your Opinion
What is fixed income capital?
Share a simple answer to help inform others:
Specific to any country?
First name / Alias

• Your answer will be posted here:
What is fixed income capital?
Ask A Question
Get opinions on what you want to know:
Specific to any country?