[jennifer123]

hi eric,
i called asc back and spoke to someone else and they also told me it is not necessary to submit another hardship letter. they said they will use the one they have on file to process our loan mod. i was wondering if you wouldnt mind sharing about your balloon amount. our balloon amount is 21,000 due to us being negative in our escrow. i almost fell over when i saw that large of an amount but asc told me they have seen balloon amounts larger then that and i shouldn't be to concerned, as long as we make our 3 special forebearance payments on time. i have to say when i made our first payment on the 14th a huge weight was lifted off my shoulders. our forebearance payment is 2,532.78 which is a high amount but my payment would of been 350.00 more each month if i wasn't on a forebearance plan, so they did reduce my monthly payment. have they said anything about lowering your interest rate? the reason i ask is when i spoke to a few different people at asc they told me they don't normally lower the rate they just lock you in at your current rate. i was told in the past they work on lowering your rate. i have also seen other people on this site get their rates lowered so i am hoping they lower ours because we are at 10.5% right now and this is one reason why we are in this situation. how has your experience with asc been? i have to say they have been great with us. i submitted my paperwork to them on 2/29 and they called me on 3/24 to tell me we got approved for their special forebearance plan with the loan mod to follow. i was sooo happy. if you have any questions or need any help please let me know. this is a tough thing for people to have to go thru and having the support and advice from others is very helpful. have a great night.