What happens after you miss a second mortgage payment?

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What happens after you miss a second mortgage payment?

After missing your second month of mortgage payments, if you haven't already been contacted by your lender, your lender will likely begin calling you to discuss why you have not made your payments. It is important that you take their phone calls. Talk to your lender and explain your situation and what you are trying to do to resolve it. At this time, you still may be able to make one payment to prevent yourself from falling three months behind. A housing counselor can help.

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