Posted on: 21st May, 2009 11:12 pm
I owe $110,200 on a single family dwelling
It's value-$105,000
No missed payments
currently @ 6.75% but need lower int. and lower payments
tried getting loan modification and refinancing with my current mortgage co-wells fargo. They keep taken me all around the mulberry bush-no positive results with my time spent.
Who can I turn to?
It's value-$105,000
No missed payments
currently @ 6.75% but need lower int. and lower payments
tried getting loan modification and refinancing with my current mortgage co-wells fargo. They keep taken me all around the mulberry bush-no positive results with my time spent.
Who can I turn to?
You should be able to reduce your rate into the 5's. Where did you get your figures for the value and your payoff? Based on the numbers you have given, you should qualify but you may have to bring the equivilant to one mortgage payment to the table to cover costs. I hope this helps...
tell us your location so that we can refer some of the good option
What information have they collected from you.
Have you shown some fincial hardship and prove that you have difficulty makign payments.
Have you shown some fincial hardship and prove that you have difficulty makign payments.
The figures are from my mortgage stmt. Im located in ft worth,tx. Tried the financial hardhship deal and was told that it looks like Im barely paying my bills(duh!) so I do not qualify. Then told since I've been paying on time and never missed a payment Im also disqualified. I cant win for losing. My situation is simple and plain- Im in the prevention phase. Trying to prevent bills going unpaid, jeopardizing my credit, and foreclosure.
