Foreclosure Help BLOG
2MP and 31% DTI Test
Under the 2MP program, do the banks take into consideration your new modified 1st mtg payment in order to stay with in the 31% DTI? Mortgage Loan Modification
Traditional Modification
Do you have to pay any fees for a traditional mod? Mortgage Loan Modification Answer: The banks do not typically as you to pay a fee to apply for a
Do Unemployment Benefits Count as Income?
Do unemployment payments count as income and are your bank statements proof enough that you were paid the unemployment (automatic deposit)? My bank (B
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Foreclosure Stopped While Being Considered for Loan Modification
Point #13 above states that if a foreclosure is in process, it is stopped during the trial period or while alternative options are being considered.
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Will my Credit Be Affected by Trial Loan Modification Period
Will my credit be affected during my 3 month trial period for HAMP? My mortgage company just approved me verbally over the phone for a 3 month trial
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Received Approval Then Next Day Denial
I went into foreclosure then immediately started the loan modification process. After about 2 months of faxing all needed paperwork I received a letter
I applied for a HAMP loan modification but did not accept the terms
We applied for a modification in March of 2009. We were given a 3 month trial offer 9 months later, (that I am assuming was the HAMP Loan Modification
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Reapply for Hamp
My mortgage co Saxon offerred me the Hamp program to save my home. When they sent me new loan documents my trial payments was more than the original and
Being Denied a Modification Stating it was Not Owner Occupied.
In the beginning my property was purchased as a investment. due to the economy I had to make it my primary.In return I contacted IndyMac to request
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Does Every Condition for HAMP Have to be Met
Loan Modification Question: I don't qualify for the front end debt ratio but I qualify for the back end debt ratio for HAMP. Mortgage Loan Modification
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Can Only One Person Sign for a Joint Mortgage Loan Modification
Hi! In the divorce agreement I quick claim deeded him the house. He had 120 days to refinance. They refused to refinance him, but he did sign a Loan
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Bank of America Wants Money Up Front as Part of Loan Modification Approval
I was approved for a traditional loan modfication thru B of A. They want $ 6100 up front in certified funds. Is this right ? Can't afford it. Mortgage
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Three Month Loan Modification Trial Period, What's Next?
We have recently been approved for the traditional loan modification program with GMAC. After 5 applications and many phone calls! We were just told
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Loan Mod approved now bank tells us not to make next 2 payments...?
Hello, We got a call a few days ago that our traditional loan modification was approved (it took 60 days and we made the regular payments in the interim)
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What Can I do if My Mortgage Company Refused to Allow Me to Apply for HAMP
What can I do if my mortgage company refused to allow me to apply for the HAMP program(even though I qualified for it)? They refused to offer it to me,
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