[Garry]

Originally Posted by focus beyond

garry - understand my comments here are to help those coming to this forum to see that it's not safe out there dealing with any lender. those that think it is are certainly uneducated or inexperienced.

it is my intent to offer some food for thought and to be helpful, not hurtful - i am not the enemy, the lenders are!

my comments are all true, despite your comment "Most of what you are saying is not true, there is no balloon payment with the MHA program." but, please note the topic of this thread "3 month Trial Period...." not "MHA program".

when it comes to a generic "trial plan" that lenders are offering, i know first hand that homeowners need to really pay attention, this is no joke!

secondly, the MHA does make provision for a "balloon" payment and is found in the section: Home Affordable Modification item #11 - but pertains specifically to a forbearance. but, i was not commenting on this in my original post.

hope this helps some folk - which is what we all need to be doing for one another, helping! cause the lenders and this government certainly isn't!

I understand what you are saying, but I have to dis-agree again. The Gov is helping, just not to your liking.