When does US Bank start foreclosure?

[3XCHARM]

I am 4 months behind on payments of 960 including this month of May. My plan was to pay a payment this upcoming friday. The lady I spoke to said she was notating my account that I would need to pay in full or go through a modification. I don't want a modification because I don't want to redo my mortgage back to a 30 year mortgage. My question is if they refuse to take may's payment would I have enough time until the end of June to bring the account current? What is the time frame or process for their foreclosures? I also have an FHA loan. My plan was to just pay 2 payments each month to bring the account up to current.

[cv91915]

I can't answer your timeline question, but I wouldn't rule out modification if you can get one with attractive terms.  

 

You don't have to take 30 years to repay a 30 year mortgage.  You can make additional principal payments as large as your budget will allow.