When you find yourself in a position where you are not able to keep up with your mortgage payments, a one-time infusion of cash may help. If the reason you have fallen behind is temporary, such as a seasonal downturn in business or a leave of absence that is short term, you may want to consider borrowing money from your 401k retirement account in order to keep your mortgage payments current and stop [...]

If you have fallen behind in your mortgage payment to the point where your lender is threatening to foreclose, you may be thinking about withdrawing money from your 401k plan at work in order to bring your mortgage current and stop the foreclosure proceedings. While this may be an option in a number of cases, it is very important to understand the consequences of a 401k withdrawal. If you are in a [...]

It is common for people to suffer temporary financial setbacks that cause them to become late on their mortgage payments. If you have had a setback that has put you in danger of foreclosure, sometimes a temporary infusion of cash is what is needed. In some cases you may be able to borrow money from a friend or family member in order to pay the past due amount and stop foreclosure of your house. While [...]