<p>We have just been notified that our loan modification is going to be turned down and our house will get foreclosed on. We have to submit the CSS profile this week as part of my child's EA application. What should I put down for my mortgage payment since I may be renting a month from now?</p>
<p>Are you making mortgage payments currently? Someone may come along to correct me, but logic would say if you aren’t making mortgage payments the answer would be zero. Alternatively I suppose you could put what you expect to pay in rent next month and put an explanation in the explanation section (follow the prompt in the profile form). How did you handle the asset valuation or did you just put zero?</p>