Can I put a mortgage on hold for 1 to 2 month due a medical circumstance?
Putting your mortgage on hold for a couple months should be your last resort. Your lender may allow you to do this, but many times I have seen this type of thing go horribly wrong. Last summer the guy across the street from me was having some financial difficulties and did exactly what you are considering. Never having missed a payment, he asked to skip a month so he could bring other bills current. They slapped him into a forbearance agreement which cost him fees and a higher monthly payment. Many people have had experiences similar to my neighbor. If your loan is with a credit union or local bank you will probably have more success in negotiating a short break from payments. However if your loan is with a large loan servicing company, best to find another way to save money.
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