- A situation that requires the homeowner to have to relocate or move from the home
- Loss of job or reduction of wages
- Health issues or concerns that prevent the homeowner from working
- Divorce
- Medical costs
- A closing or failure of a business or self employment
- Death of a spouse
- Increase in mortgage payment or other monthly obligations
Any situation that creates a hardship and makes it impossible for the homeowner to repay their mortgage might be considered by the lender as a valid reason. Please contact me to discuss your personal situation.
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