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Old 09-06-2009, 09:19 AM   #4 (permalink)
aprilware2
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Re: Litton Loan mod. success

Quote:
Originally Posted by JerzeeGal View Post
Well.....from 12/08 to 6/09, I finally have a "trial modification" based upon me making 3 monthly on-time payments. I know nothing else but that the payment is over $1400 less than what I was paying. I mad 2 payments and after the Sept. 1st payment they will notify me of the specifics! The only thing I am guarenteed is to pay atleast less than my original payment that I was not able to make in the first place. I may have to pay back the arrears now in a separate payment or it could go to the back of the loan. I also know that it will be a fixed rate and coming from a variable ARM, any rate woul suit me that makes me financially better off that I was. I will re-post in Sept. with the details.
Have u gotten anything from litton yet?
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