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Old 10-28-2009, 11:08 AM   #16 (permalink)
MyHAMP
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Re: Has anyone gone beyond 6 trial Payments ?

Quote:
Originally Posted by julier883 View Post
I am wondering what happens if you still make your regular monthly payments during the trial period (assuming you can for few months) to avoid "catching up, late fees, bad credit" in case you are denied.
I'm not even sure you can - under HAMP. You're only supposed to pay the trial payment-amount. As an alternative, you could set the difference aside and pay it if you are denied.
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