Loan Modification Forum - LoanSafe.org - View Single Post - My monthly deficit too high to get a mod?

ZAP09 · 07-03-2009, 07:16 AM

Hi Terie,
WF is a nightmare! I have been trying for a mod. for over 6 mos. if you read my thread history. Just recently I have changed my tactics. I have contacted NACA (www.naca.com) and am feeling a bit hopeful. They are a very successful grassroots non-profit organization that helps homeowners who are losing their homes. I woudl strongly encourage you to go throught the process, while a bit painful, go through the "home save" pull down and get through the intake information (definitely will need to set some time aside). As you submit the documents, then set a phone counseling appt. (because all face to face meetings are full or not in your area) they WILL call you and attempt to complete your file. This part for me took a couple of calls, faxes, etc. But as of this week it is complete and they then take their proposal on your behalf to WF and attempt to negotiate new terms for the life of your loan (not a temp. fix). Like I said, they are very reputable and successful. Check out this forum for success stories with NACA and you can read a lot on their website- the HOMESAVE pulldown is the only section that is completely free and applies to folks in our situation.

07-03-2009, 07:16 AM	#45 (permalink)
ZAP09 Senior Member Join Date: May 2009 Posts: 30 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: My monthly deficit too high to get a mod? Hi Terie, WF is a nightmare! I have been trying for a mod. for over 6 mos. if you read my thread history. Just recently I have changed my tactics. I have contacted NACA (www.naca.com) and am feeling a bit hopeful. They are a very successful grassroots non-profit organization that helps homeowners who are losing their homes. I woudl strongly encourage you to go throught the process, while a bit painful, go through the "home save" pull down and get through the intake information (definitely will need to set some time aside). As you submit the documents, then set a phone counseling appt. (because all face to face meetings are full or not in your area) they WILL call you and attempt to complete your file. This part for me took a couple of calls, faxes, etc. But as of this week it is complete and they then take their proposal on your behalf to WF and attempt to negotiate new terms for the life of your loan (not a temp. fix). Like I said, they are very reputable and successful. Check out this forum for success stories with NACA and you can read a lot on their website- the HOMESAVE pulldown is the only section that is completely free and applies to folks in our situation.