Samantha
 Community Mentor

Joined: 16 Sep 2005
Posts: 1606 Location: MASSACHUSETTS
150.38 Dollars($)
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Posted: Mon Jan 12, 2009 10:54 am Post subject: |
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Hi,
Are you trying out a loan modification? has the lender agreed to lower the rate to 3.5%? That's pretty low. So, what is bothering you? I think the lender has extended the loan term as otherwise he couldn't have lowered the rate to the minimum. Just take a look at how a loan modification works before you actually accept the offer.
may god bless you.
samantha _________________ Know how to compare lenders with mortgage booklet |
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