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Guest
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 Posted: Fri Nov 27, 2009 11:36 am Post subject: should i withdrawal savings |
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| I'm in the process for a loan modification and don't know if or when i'm going to qualify. I have some savings it's not alot but I'm afraid that the bank might check on that. should i just withdrawal my savings or is it safe there? thanks |
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 MRinelliconsultant
Joined: 28 Nov 2009
Posts: 3
1.53 Dollars($)
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| Posted: Sat Nov 28, 2009 7:43 am Post subject: |
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| If you can't pay your mortgage and you have money in a savings or anywhere else your lender is not going to grant you a modification. |
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raymond
Community Experts
Joined: 03 Jul 2009
Posts: 690
Location: Orange County, CA
110.73 Dollars($)
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| Posted: Sat Nov 28, 2009 11:13 am Post subject: |
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>>should i just withdrawal my savings
No, not this late in the process.
_________________
Raymond
www.ReverseMortgageCounselor.com |
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Melanie
Guest
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| Posted: Sat Nov 28, 2009 11:47 am Post subject: |
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| When you go for a modification your bank is going to ask you for updated paperwork during your modification process. When did you start your modification? |
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Guest
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| Posted: Mon Nov 30, 2009 2:21 pm Post subject: |
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| they didn't ask for bank statements and it's been a month since i started the process and they haven't ask for them yet. |
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