What to do????

[jar1]

Quick insight into my situation:
pending job loss not if but when, mortgage is current, i know i need to talk to the bank, but in all reality what help can they provide, unemployment will not cover expenses let alone a mortgage, now i can try to find a new job but
probably at a much lower hourly rate than present job. any and all suggestions will be appreciated..

[megiepoo]

I can't really help you, but want to tell you my story. When I was 4 months behind on my mortgage I called up the mortgage company & they gave me 3 months to pay back the missed payments & late fees. There was no way I could do it. I asked for 6 but they weren't budging. They didn't really work with me, but your mortgage company might be more willing.

[Mische]

Check out other mortgage companies who you can work with. Sometimes, all it takes is just one good company to get you out of your rut.

[hereforinfo]

Who is your lender? Some are more willing to work with people than others. I would definitely call before you get behind on payments. If you lose your job, some lenders may be willing to give you a forbearance, where they will let you suspend payments for a period of time and add that onto the balance of your loan. Not all are that friendly, but you never know. It certainly doesn't hurt to ask. You can try with your mortgage lender and auto loans. You may also be eligible for some sort of loan modification if your income decreases, hopefully more details will be available tomorrow about Obama's plan. Good luck.