I'm working with my mortgage company.
You're working with you mortgage company …that's great. What is your mortgage broker saying? Does the mortgage broker know you’re in foreclosure? Did you tell them about your foreclosure? What do they say about that? In your situation, being back____________ payments, you will only qualify for a 65 to 70% loan-to-value loan. Do you understand what that means? If you have a $100,000 house, you will be able to borrow only $65,000 to $70,000 tops. How much do you owe on your mortgage? And what is your house worth? What would that loan-to-value be, you know, to get you out of your situation? So you see that refinancing your house will not be an option. _______________ I hate to tell you this, some mortgage brokers won't tell you the truth. I apologize for being so blunt; however, I tell people the truth… not what they want to hear. Let me show you what I can do for you, O.K.?