Mortgage problems and difficulties can affect anyone, regardless of where you live or how much equity you have in your property. Although interest rates do play a part in creating mortgage problems, more often than not, some of the most common causes of mortgage problems are due to unexpected life events such as; job loss, prolonged unemployment, illness, injury, divorce and separation. Mortgage problems can also be caused by how well you manage your finances in general. Below are common types of mortgage problems and solutions.

Mortgage Problems and Solutions:

Mortgage Problem: I can’t pay my mortgage what do I do?

If you can’t pay your mortgage, the best solution to manage your mortgage payment problem is to understand what your options are and what help is available to you.