Hi Jonahstephenson!
I have been pre-approved for the HAMP loan modification with Saxon Mortgage. My loan was NOT delinquent at the time. My loan was due to adjust to a very high interest rate in April... I had not missed a payment, and have not been late at any time during my time with Saxon Mortgage. I requested a loan mod in March... they said I didn't qualify for their "regular" modification plans... but then had me immediately apply for the HAMP, which I did qualify for ( I believe they did that so that they could take advantage of the gov. incentives being offered). I have recently made the second trial payment, my last one is 8/1. Supposedly, once i have made all payments on time, I will be granted the HAMP Modification. There was a problem with the payment amount (not at the 31% as the program denotes) but was told it would be re-calculated when the final paperwork goes through underwriting. I would keep in touch a couple times a week.... In my experience (thank God) you DO NOT need to be delinquent to qualify. The HAMP guidelines clearly state this. I sincerely hope things go smoothly for you & I will keep my fingers crossed. I understand how stressful this is. You deserve a chance....Good Luck
