Loans, Debt & Credit - View Single Post - Pre-qualified with Litton Loan

youngbel · 08-05-2009, 11:00 AM

Hi nitag:

Thanks so much for taking the time to reply -- I really appreciate it! Even 31 percent of my gross would be a much appreciated drop for me, or even dropping the interest rate to the 5 percent range. Thanks for the insight on timing as well - that is helpful so I can know what to expect. What you say about Litton saying to you to wait until April makes sense. I know I had a proposed mod ready to present to the investor back in the beginning of March, but then they told me that all mods were on hold until the new system went in place in April, and that the mods in progress would be picked up where they were left off. That didn't really happen with me but hopefully this time it will work out. I appreciate everything. baileys dad has been very helpful in offering insight on self employment income. What department did you deal with by phone during the initial pre-qualification process? I was dealing with Loss Mitigation directly but now it seems like Collections is fielding the calls.

08-05-2009, 11:00 AM	#8 (permalink)
youngbel Member Join Date: Oct 2008 Posts: 29 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Pre-qualified with Litton Loan – what does that mean? Hi nitag: Thanks so much for taking the time to reply -- I really appreciate it! Even 31 percent of my gross would be a much appreciated drop for me, or even dropping the interest rate to the 5 percent range. Thanks for the insight on timing as well - that is helpful so I can know what to expect. What you say about Litton saying to you to wait until April makes sense. I know I had a proposed mod ready to present to the investor back in the beginning of March, but then they told me that all mods were on hold until the new system went in place in April, and that the mods in progress would be picked up where they were left off. That didn't really happen with me but hopefully this time it will work out. I appreciate everything. baileys dad has been very helpful in offering insight on self employment income. What department did you deal with by phone during the initial pre-qualification process? I was dealing with Loss Mitigation directly but now it seems like Collections is fielding the calls.