Loan Modification Forum - LoanSafe.org - View Single Post

conbon70 · 07-08-2009, 12:29 PM

I am one month behind on my mortgage with GMAC.
I called them today to see if there is a Forbearance program that I can
do while waiting on the loan modification. I was told that I currently owe $2065 + $87 late fee for June and $2065 for July. I told them that I do not have this but I had $1800. The told me that they do not allow partial payments. I was then told that they can put me on a 6 mos. program where I pay $1978 with in 10 days and then staring on Aug. 18 I will pay $2400 for the next 6 mos.
I am so confused...my usual monthly payment is $2065...I asked for help and they tell me that I will need to pay more for the next 6 mos.
Any advice??

07-08-2009, 12:29 PM	#10 (permalink)
conbon70 Member Join Date: Jul 2009 Posts: 13 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Forebearance = trial period? I am one month behind on my mortgage with GMAC. I called them today to see if there is a Forbearance program that I can do while waiting on the loan modification. I was told that I currently owe $2065 + $87 late fee for June and $2065 for July. I told them that I do not have this but I had $1800. The told me that they do not allow partial payments. I was then told that they can put me on a 6 mos. program where I pay $1978 with in 10 days and then staring on Aug. 18 I will pay $2400 for the next 6 mos. I am so confused...my usual monthly payment is $2065...I asked for help and they tell me that I will need to pay more for the next 6 mos. Any advice??