Can I continue making payments while my loss mitigation application is being reviewed?
Yes, you can continue to make your mortgage or credit line payments while your loss mitigation application is being reviewed. Washington Mutual encourages borrowers to make regular payments to avoid any penalties or potential foreclosure. It is important to maintain consistent payments to demonstrate your commitment to resolving your financial situation. Making payments during the review process shows good faith and responsibility as you work towards a potential solution with Washington Mutual. However, it is crucial to communicate with the loss mitigation department and inform them about any payments you make to ensure accurate tracking and proper consideration of your application.
Answered May 3, 2024
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