If we refinance and combine our 1st mortgage and our home equity line, what type of loan is that called. I don’t want to call a mortgage place right now.
Originally posted here:
If I Want To Combine My 1st And 2nd Mortgage What Type Of Loan …
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I have 2 loans (1st with Citi and 2nd with GMAC). I missed my first payment ever this past March 1, 2010 and now am struggling with what to do next. BTW - I have spoken to an attorney, but they cannot tell me what the best course of action is going to be ... 2.) Should I contact Citi and/or GMAC and tell them I want to do a DIL or short-sale? 3.) If I contact them, should I get current on my payments first or should I continue to not pay them until I speak with them? ...