Posted on: 12th Aug, 2009 04:07 pm
i am 6 months late on my morgage.if allowed to re-finance at a rate of 5% or less i can make it.also can i add a family member on a re-finance?i am the only one one the morgage and i like to add my daughter.
let me preface my remarks by saying this: i am not employed by or affiliated with naca in any way, shape or form. my interest in posting here on these forums is strictly out of my desire to assist wherever possible. i have extensive experience in the lending arena, and that experience has given me sufficient insight that it makes sense for me to add my opinions. again, however, i am most definitely not affiliated with naca.
okay...based on what i know about naca, they are trustworthy and based on that knowledge, i have to assume that when they tell you that your lender is "hard to deal with" it's true. most lenders are notoriously slow in working with borrowers in a situation such as you describe and who desire to obtain modifications.
keep bothering naca as best you can, be as patient as you are able, and i'm sure they'll keep you posted on what they can or cannot do.
okay...based on what i know about naca, they are trustworthy and based on that knowledge, i have to assume that when they tell you that your lender is "hard to deal with" it's true. most lenders are notoriously slow in working with borrowers in a situation such as you describe and who desire to obtain modifications.
keep bothering naca as best you can, be as patient as you are able, and i'm sure they'll keep you posted on what they can or cannot do.
I'm not sure about naca. My father stood in line last year in March for a while, now it is March again and they haven't been able to help him with his mortgage yet.
NACA uses thousands of discouraged homeowners to stage media events and then go to the government and say " look at al the people we are helping" and they get billions in grants. They refuse to disclose how many modifications they have completed. They are unresponsive and unprofessional. I stood in line 17 hours tp apply and have been waiting five months for help. They say it's up to the lender. Phonies
NACA uses thousands of discouraged homeowners to stage media events and then go to the government and say " look at al the people we are helping" and they get billions in grants. They refuse to disclose how many modifications they have completed. They are unresponsive and unprofessional. I stood in line 17 hours tp apply and have been waiting five months for help. They say it's up to the lender. Phonies
i don't have any personal knowledge of their procedures, but i will agree with what they've said - it definitely is up to the individual lender to make the decision about whether someone gets a modification or not.
I filled out all there forms took over two hours I missed a feel things two weeks later I got a call saying I missed some stuff ask the ladty to fax they cant fax they cant or recieve emails I guess she sent me a email cover letter witch I recieved she sent forms twice too differant email accouts
After waiting on the phone over a half hour she tells me she dont now what else to do
What a way to run a business
After waiting on the phone over a half hour she tells me she dont now what else to do
What a way to run a business
I filled out all there forms took over two hours I missed a feel things two weeks later I got a call saying I missed some stuff ask the ladty to fax they cant fax they cant or recieve emails I guess she sent me a email cover letter witch I recieved she sent forms twice too differant email accouts And now theye ask to join a moragefix what a joke
After waiting on the phone over a half hour she tells me she dont now what else to do
What a way to run a business
After waiting on the phone over a half hour she tells me she dont now what else to do
What a way to run a business
I should have looked over these comments before starting with naca
a sad story, russell, but we've seen successes as well...don't give up now, please.
NO NACA CAN NOT BE TRUSTED, I WENT TO THE ENSERVICE THAT WAS IN ATLANTA LAST SUMMER I WAS TOLD THAT MY LOAN WOULD BE REDUCE TO 1% AND THAT THEY WERE GOING TAKE OF IT. JOKE!!! I LOST MY HOME AND REMEMBER I FAXED EVERYTHING TO THEM THAT NACA ASKED FOR AND MORE. DONT
Im suppose to go to a work shop in the morning but after reading this got me kinda skeptical. I have heard alot of peoples tell me that they were very good but after reading these post i don't know.....
Im going to the workshop anyway and hope for the best.
Im going to the workshop anyway and hope for the best.
Im suppose to go to a work shop in the morning but after reading this got me kinda skeptical. I have heard alot of peoples tell me that they were very good but after reading these post i don't know.....
Im going to the workshop anyway and hope for the best.
Im going to the workshop anyway and hope for the best.
Some of my former mortgage customers swear by NACA. The tone of the mortgage servicer changes once NACA gets involved. I am going to my first NACA seminar on Sat March 20 in Sauk Village Illinois at 9:00. I will see what the deal is.
Freddie Mac is also going to pick a housing agency to handle HAMP Modifications. I hear it was going to start right after the first of the year. Rick Padilla from Freddie Mac was in Hammond last fall promoting this new change for Freddie Mac customers who are in need of a modification.
Freddie Mac is also going to pick a housing agency to handle HAMP Modifications. I hear it was going to start right after the first of the year. Rick Padilla from Freddie Mac was in Hammond last fall promoting this new change for Freddie Mac customers who are in need of a modification.
DO NOT USE NACA ITS A SCAM NO ONE GOT BACK TO BE IN TIME TO HELP ME FILL OUT PAPERWORK FOR MY FORBEARENCE OR FOR A MODIFICATION AND IN ORDER FOR MY LENDER BANK OF AMERICA TO SPEAK WITH ME I NEED A RELEASE FROM NACA WHICH THEY SAY THEY WILL NOT GIVE ME ITS BEEN SIX MONTHS NO ONE HAS RETURNED MY CALLS OR E-MAILS AND I HAVE BEEN UNEMPLOYED AND THEY HAVE NOT FORWARDED ANY OF THAT TO BANK OF AMERICA NOW MY MORTGAGE HAS INCREASED AND IS MORE THEN THE ORIGINAL PAYMENT IM IN A REAL BIND NOW PLEASE DONT USE THEM !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! :cry:
O.K.. So a friend of mine attended a NACA workshop in NYC - she also received a remodification of 2% for the life of the Loan - Her mortgage lender is REFUSING to honor the arrangement - so, my question is for MOE. you stated that you got 2% for the life of the loan. How's that working out??? My friend is distraught..... Please advise