Compare Mortgage Quotes

Niicss · Posted: Mon Jul 19, 2010 4:14 am Post subject:

As you're facing a financial hardship, you should apply for a loan modification with your lender. If the lender is convinced about your situation, then you would be able to get a loan modification.

Guest

Colammy, I have been going through the same things you are with Wells Fargo since December. They are very hard to work with I am on my second repayment trail period. My payments now are more than my payments before. My 3 months are up on 8/11/10 hoping this is the last one. Remember you can always ask for another chance to qualify for a repayment plan if they don't approve this one. I will let you know how I did when its over

Guest

my father passed away on the 27th of july. he has a loan with wells fargo. the account number is 502-3100081605-9001. your info will be helpful.

smithsussane · Posted: Thu Aug 12, 2010 12:36 am Post subject:

Hi john!

Welcome to forums!

You need to contact the customer service department of Wells Fargo and they would be able to help you in a better way in this matter. You can check out the given page in order to contact the customer service department of Wells Fargo:
"https://www.wellsfargo.com/help/"

Feel free to ask if you've further queries.

Sussane

Guest

I have two mortgages BANk Of America 1st. Wells Fargo 2nd. BOA worked out a modification with. It took over a 1 year. They spread out our late payments and reduced out rate. I have been trying to get Wells Fargo to do the same. After 4 attempts again denied. Our payments are 484.00 at 6.7%. Their explanation for denial. My spouse only has 4 months left on unemployment. Not enough income. What should I do next?

smithsussane · Posted: Tue Aug 24, 2010 12:36 am Post subject:

Hi marienick!

Welcome to forums!

If your spouse does not have required income, the lender will not be ready to offer you a loan modification. There is hardly anything that you can do in this regard. You will have to pay off the dues as per the payment plan you have. If you don't do so, the lender may charge off the mortgage.

Feel free to ask if you've further queries.

Sussane

Guest

I am not behind but just want to lower payments. I have tried to refinance but cannot. Things are getting tight and must reduce mortgage payments.

jameshogg · Posted: Wed Aug 25, 2010 12:41 am Post subject:

Hi Lindamcf,

You should contact your lender and apply for a loan modification. The lender will check your financial situation and let you know whether or not you would be able to get a loan modification. This will help you in reducing your interest rate which will make it affordable for you to pay off the loan.

Thanks

Guest

lost $3600/month in income/went thru remod after 6 months finally told did not quality, Wells Fargo hit our credit for 120 days late because they told us to pay reduced amount..now financially we are back to normal so WF then remods to increase our mortgage by $120/month (which adds 35 thousand in additional interest) because we were 11 thousand behind!!! My credit is ruined so forget getting a new loan..WF really knows how to mess up hard working people!!!! I will get away from them ASAP and never suggest anyone to use them!!!! Evil or Very Mad

No one should try to go for REMOD!! just pay what you can every month, either way you are screwed!!!!

Guest

in a nut shell it's being the toughest thing I think we ever had to deal with wellsfargo Wells Fargo denied our loan modification 2 times 1st lack of documentation 2 failure to abide bythe plan??? The first one Im self employed I gave them the same document I did seven years ago and more fyi we had a 798 credit score in for the past seven years not been late one day they put us onl a another plan this one three months first 4
The first one payment plan $300 less regular payment on next time i ph in to payjuly the guyhad a ER at home wouldnt be in2 days thur fri couldnt pay it

Guest

need to complete this form so that l send it out t

jameshogg · Posted: Mon Sep 20, 2010 12:52 am Post subject:

Hi julius,

You can contact your lender and he can help you in filling out the financial worksheet.

Thanks

Guest

I AM UNEMPLOYED SINCE JANUARY 2009. MY UNEMPLOYMENT CHECKS ENDED APRIL 2010. MY HUSBAND IS 76 YEARS OLD AND A PART TIME CASHIER IN THE SUPERMARKET. I AM 61 YEARS OLD AND CANNOT FIND EMPLOYMENT. MY MORTGAGE PAYMENT IS $1,019 A MONTH. I PAID $500 FOR AUGUST, SEPTEMBER AND OCTOBER. THEY APPLIED MY PAYMENTS TO THE INTEREST AND NOT TO THE MORTGAGE PAYMENT!! ON PAPER IT LOOKS LIKE I AM IN DEFAULT!!! WHAT IS THEIR PROBLEMS. THE LEFT HAND DOES NOT KNOW WHAT THE RIGHT HAND IS DOING. THEY SAY THAT DEFAULT IS NOT IMMINENT. THEY SAY I HAVE THE ABILITY TO PAY MY CURRENT MORGAGE PAYMENT USING CASH RESERVES OR OTHER ASSETS. I DO NOT HAVE THESE RESERVES AND ASSETS. WHAT ARE THEY TALKING ABOUT. THIS IS A HORROR STORY AND WE ARE LIVING IT!! WE ARE VERY STRESSED AND NOW WE ARE SERIOUSLY CONSIDERING NOT PAYING OUR NOVEMBER MORTGAGE (NOT EVEN A PORTION) YOU'RE DAMNED IF YOU DO AND DAMNED IF YOU DO NOT!!! THEY HAVE ALL OF OUR PAPERWORK AND OUR HARDSHIP LETTER. MY HUSBANDS INCOME DROPPED FROM $40,000, TO 27,000 AND THEN TO $20,000! THIS YEAR IT WILL PROABLY BE $15,000!! IF THAT IS NOT A FINANCIAL HARDSHIP, I DO NOT KNOW WHAT IS AT THIS POINT. EVEN IF I GET EMPLOYMENT, IT WILL BE FOR MINIMUM WAGE AT THIS POINT. I WILL STILL HAVE A HARD TIME PAYING MY MORTGAGE AT 7%. CONSIDERING HIRING A LAWYER.
SUSAN AND LEIGHTON MICHAEL, BOCA RATON, FL

Posted: Mon Oct 18, 2010 12:08 pm Post subject:

Susan, I don't believe that a lawyer will be much benefit to you. If there is a NACA office nearby, you'd do well to discuss this with them. NACA has special relationships with most every lender, Wells included, and that helps them to get modifications and workouts accomplished.

That you may or not make your November payment isn't all that consequential, frankly, because your situation is not dissimilar to thousands of others, who are also seeking modifications...from Wells, BofA, Chase...on and on...the names are legion now.

If you can't get with NACA, try and hook up with CCCS or another of the non-profits that help folk...trying to do this on your own is tedious, difficult and most frustrating, I know; but with the assistance of one of these agencies, you'll have relief from lots of the annoyance that overtakes borrowers, and you will probably do much better than you even anticipated when you first began to think about seeking assistance.

gmakerley · Posted: Mon Oct 18, 2010 12:30 pm Post subject:

Yup, my post above:

Susan, I don't believe that a lawyer will be much benefit to you. If there is a NACA office nearby, you'd do well to discuss this with them. NACA has special relationships with most every lender, Wells included, and that helps them to get modifications and workouts accomplished.

That you may or not make your November payment isn't all that consequential, frankly, because your situation is not dissimilar to thousands of others, who are also seeking modifications...from Wells, BofA, Chase...on and on...the names are legion now.

If you can't get with NACA, try and hook up with CCCS or another of the non-profits that help folk...trying to do this on your own is tedious, difficult and most frustrating, I know; but with the assistance of one of these agencies, you'll have relief from lots of the annoyance that overtakes borrowers, and you will probably do much better than you even anticipated when you first began to think about seeking assistance.

Company	Loan Type	APR	Est. Pmt.
				Go
				Go
				Go
				Go
				Go
				Go

All times are GMT - 7 Hours
Previous 1, 2, 3, ... 16, 17, 18, 19, 20 Next
Page 17 of 20

Property State:
Property Type:
Credit Rating:

Compare Mortgage Quotes

Does Wells Fargo usually deny loan modification?