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Old 09-03-2009, 06:52 AM   #8 (permalink)
hope67
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Re: B of A Loan Mod Approved(over phone) ..waiting paperwork

Quote:
Originally Posted by ajakster View Post
Thanks mojamz..

I have to follow this up as well.I got her phone contact number and I will be in touch with her soon to see the status of the docs...

she didnt mention any trial period.. she said straight forward 5 years..reason could be that mine is serviced and owned by B of A. She also said thats how the feds wanted to do as well .. dont know the program which this falls... some jargon named one..

its their portfolio loan so they decide whats best instead of waiting to hear from any investors...

I will be circumspect on this anyway till its all said and done...

ajakster, Congrats!!

If your modification is HAMP, 3 months trial is in the guidelines. So it's possible she was referring to the trial modification docs/agreement.
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