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simifast · 10-26-2009, 04:18 PM

I wish I found this site many months back but oh well. I'm in the same boat as before anyways. I am with AHMSI and my negotiator is Tonetta. I have been trying for a mod and they said I was approved for the HAMP but then came back and said I was denied. I need a better explanation from them but the loan is for 696,000 5% IO and expires soon. Not late but trying early. She was trying for a 40 yr 2% forbearing about $330,000 until the end of loan but said (I think) it was too much to get it down to 31% of income. I am right around 31% now I think. Now trying for a 30 yr 2% 1st yr, 3% 2nd etc. but soooo much run around. Why didn't I qual for the HAMP? I owe too much? I did leave a message for Jeanne, will she help? Don't want to piss off Tonetta.

10-26-2009, 04:18 PM	#1 (permalink)
simifast Member Join Date: Oct 2009 Posts: 13 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Why was I denied HAMP????? I wish I found this site many months back but oh well. I'm in the same boat as before anyways. I am with AHMSI and my negotiator is Tonetta. I have been trying for a mod and they said I was approved for the HAMP but then came back and said I was denied. I need a better explanation from them but the loan is for 696,000 5% IO and expires soon. Not late but trying early. She was trying for a 40 yr 2% forbearing about $330,000 until the end of loan but said (I think) it was too much to get it down to 31% of income. I am right around 31% now I think. Now trying for a 30 yr 2% 1st yr, 3% 2nd etc. but soooo much run around. Why didn't I qual for the HAMP? I owe too much? I did leave a message for Jeanne, will she help? Don't want to piss off Tonetta.