Anyone ever do a Mortgage Modification? How was your result?
jinxies asked:
We have a 1st mortgage & equity line of credit (maxed) and about $1500 revolving credit balances each month (not including utilities, food and incidentals) with not enough coming in to support it. Looking for a lender in hopes to refinance the 1st & ELOC with no avail. Thinking of asking our current lender to do a Mortgage Modification but not sure if we will qualify. We need to lower our 1st & ELOC to be able to start paying on the credit cards but it’s a lose, lose situation. My husband is talking bankrupcy…we’ve never been late on any payment but it’s now coming close. We have 2 kids & a beautiful home…I’m scared. I’ve been trying to get a job but no one is calling back. Even with that, what I’ll make will only cover groceries and gas for the month.
ANDERSON
We have a 1st mortgage & equity line of credit (maxed) and about $1500 revolving credit balances each month (not including utilities, food and incidentals) with not enough coming in to support it. Looking for a lender in hopes to refinance the 1st & ELOC with no avail. Thinking of asking our current lender to do a Mortgage Modification but not sure if we will qualify. We need to lower our 1st & ELOC to be able to start paying on the credit cards but it’s a lose, lose situation. My husband is talking bankrupcy…we’ve never been late on any payment but it’s now coming close. We have 2 kids & a beautiful home…I’m scared. I’ve been trying to get a job but no one is calling back. Even with that, what I’ll make will only cover groceries and gas for the month.
ANDERSON
I went to refinance my home with a FICO of 702 now predator lender got me and 420 I sit?
craftaholic asked:
It can only happen to me I was all set felt funny about him from the start. Six weeks later and 20 calls a day easy I call him up for closing costs. A girl who never new he worked with anyone said I to pay 21,000 to a law firm. I stopped her she said didn’t he tell you theres a lien on the house. No lien i no of can i speak to him. Oh he is on his way to your house. I called him told him to turn around. Ended up 1 week before that said I could spend my SSDI check which pays mortgage i had two mths off. There’s so much won’t bore you ended up closing because of the payment i couldn’t make it up live on disalbity but, called Fair housing opt out as was told she would take care of me and payment. She ended up in hospital someone new my case but, got me one lender he never called back. So my option is to double my payment 1057 to 1800 or stayed buried. Does anyone know of predator lenders. Would you take him to court. I know i shouldn’t of spent SSDI but, getting 50,000 out home impro
DARRELL
It can only happen to me I was all set felt funny about him from the start. Six weeks later and 20 calls a day easy I call him up for closing costs. A girl who never new he worked with anyone said I to pay 21,000 to a law firm. I stopped her she said didn’t he tell you theres a lien on the house. No lien i no of can i speak to him. Oh he is on his way to your house. I called him told him to turn around. Ended up 1 week before that said I could spend my SSDI check which pays mortgage i had two mths off. There’s so much won’t bore you ended up closing because of the payment i couldn’t make it up live on disalbity but, called Fair housing opt out as was told she would take care of me and payment. She ended up in hospital someone new my case but, got me one lender he never called back. So my option is to double my payment 1057 to 1800 or stayed buried. Does anyone know of predator lenders. Would you take him to court. I know i shouldn’t of spent SSDI but, getting 50,000 out home impro
DARRELL