Loans, Debt & Credit - View Single Post - Impac/cw-loan mod approved

notasmartowner · 07-28-2009, 11:06 AM

Hello...

Obviously to keep myself safe from any sort of litigation....I have to disclaim that USE YOUR OWN JUDGMENT! what worked for me may not work for you....but just read this thread....I am a successful IMPAC/CW/BOFA loan mod approved case. I did get a 5 year 3.5% that lowered by payment to $1000 less of what i was paying before...It was not the best option (still an ARM

) but If I can save $50-$60K in the next 5 yrs this way...I am ok for now...And yes I DID have to pay the $1995 fee. Worth it in the long run...

Again....use this as an opinion and not as an ad for IMPAC or legal advice and use your own sense and judgement before any descion you make..

Good Luck!

07-28-2009, 11:06 AM	#28 (permalink)
notasmartowner Member Join Date: Jan 2009 Posts: 29 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Impac/cw-loan mod approved Hello... Obviously to keep myself safe from any sort of litigation....I have to disclaim that USE YOUR OWN JUDGMENT! what worked for me may not work for you....but just read this thread....I am a successful IMPAC/CW/BOFA loan mod approved case. I did get a 5 year 3.5% that lowered by payment to $1000 less of what i was paying before...It was not the best option (still an ARM) but If I can save $50-$60K in the next 5 yrs this way...I am ok for now...And yes I DID have to pay the $1995 fee. Worth it in the long run... Again....use this as an opinion and not as an ad for IMPAC or legal advice and use your own sense and judgement before any descion you make.. Good Luck!