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 dianwl3
Joined: 02 Mar 2010
Posts: 2
1.54 Dollars($)
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elnoralittle
Community Expert
Joined: 01 Oct 2008
Posts: 285
Location: Maryland
26.35 Dollars($)
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Posted: Tue Mar 02, 2010 7:17 pm Post subject:
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Okay, let me try posting my response again. I keep deleting it somehow.
First Who is your lender?
Tell me that bit of info and I might be able to direct you to their Home Modification program...if they are registered for HAMP.
This program is designed for clients in your situation.
You aren't a poor mortgager, just ran into a bit of bad luck.
My strongest advise for people is, Communication with your lender is key.
If you don't communicate with them, they won't know you need help.
Not all lenders want to foreclose and suffer the loss.
Some lenders are more willing to work with their clients that have gone through a severe changed circumstance, so that they can maintain their property.
You can start with the lender by contacting their loss mitigation department. Now they are going to use phrases like, any information will be used in order to collect a debt, we are recording you.. yadayada...
Don't be afraid to ask for what you want.
The process can be a bit lengthy, and they are going to ask you to send things over, not once, not twice, maybe three or four times, you just have to do it. Also, don't wait for them to call you. You follow up with them every week like a bad habit. This will push things along, this will keep you informed.
If at anytime you have a question on something they ask for, something they sent, or even the terms of a modifcation agreement. Email me, I will be glad to help you....any of the lenders in the forum will, that is why we are here.
But lets start with you letting me know your lender, and me pointing you in the right direction!
best of luck , until i speak with you again
_________________
Elnora Little
First Home Mortgage
First in Customer Service!
301-437-5605 |
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dianwl3
Joined: 02 Mar 2010
Posts: 2
1.54 Dollars($)
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jameshogg
Joined: 20 Dec 2005
Posts: 10148
Location: Nevada
941.94 Dollars($)
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elnoralittle
Community Expert
Joined: 01 Oct 2008
Posts: 285
Location: Maryland
26.35 Dollars($)
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Posted: Fri Mar 05, 2010 6:37 am Post subject:
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I have no problem guiding you through it. You can send me private messages through email, or use this thread.
You are on the right track though.
Like I said, sometimes the process can be lengthy, and frustrating, you just have to stick with it thinking the end justifies the means.
Remember though, you need to follow up with them. Even if they say, you don't have to call every week, call anyway to check the status. Modification departments will process the paperwork, but since you are the one requesting the modification, it is in your court to follow up, not theirs. They will not call you to check to see if you sent in something or to tell you something was missing in the packet. This is your responsibility. That is where the frustration comes in.
But it will be worth it in the end.
email me with anything.
_________________
Elnora Little
First Home Mortgage
First in Customer Service!
301-437-5605 |
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diane7543
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