My husband was laid off for a few months, and just started working again. However, we ran thru our savings and I am running low on cash. Does anyone know if I can defer my traditional monthly mortgage payment. Our loan is a 30 yr fixed.
you'll get hit with late fees, plus a mark on your credit record
Your mortgage is the LAST loan you should defer. If you have a car, you should give up the car before your house. If you have any credit card debt, let them actually sue (which they rarely do), before getting behind on your house.
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