Hello and thanks for sharing your
Countrywide Home Loans story! Let's see what we can do to give you some direction.
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ON MY RESIDENCE from 555,000 to market price 370,000 Can I ask for reduction of rate on my home to Country Wide. NEVER missed payments.Balance 448,000
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Your rate is pretty good now, but they are working with people sometimes down to the 3% range. So, yes, you should go for a loan modification ASAP.
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Will WAMU convert line of credit to a fixed lower rate loan? Balance 189,000
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Possibly. Seconds are willing to work with people. You have to play this like a game of cards. You have to prove a hardship in order to get them to reduce the rate or fix it. It cant be just a wish.
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ON MY RENTAL Original 340,000 Balance 359,667 market price 400,000 BEING PAYING MINI MUN ONLY.
Can Countrywide convert my 4 option Arm to a fixed same 4.125% rate?
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Yes, they can, if you qualify and I have seen it done.
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Can Countrywide convert my equity line 6.5% $24,000 and wrapped to the main first loan?
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I don't think that will happen because that is really a refinance and not a loan modification. Because you would have to close out the ND trust deed and then a new first TD.
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I contact the attorneys who advertise on your site but the fees are huge. don't know if worth it.
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The fees are worth it, if you cant do this on your own and you have no other choice. Plus they have a great relationship with Countrywide. But by all means, try this yourself or maybe a non-profit if you do not have the money.
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PLEASE, PLEASE WHAT SHOULD I START FROM. my income /expenses look terrible about 1500 negative but I am thinking to stop depositing for policy of cash value life insurance 310 a month in both of us. also stop some charity 25 a month, cable 60 a month, my husband drives a 1994 NO-AIR Conditioning car just because is paid off and not wanted to incurred in another loan.He already negotiated with employer to work 10hrs/4 days so we save on gas.
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This is a great place to start. You need to take a close look at all your finances and trim them, but not to where you can't have a decent living.
I
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will be addict to this website from now and I think is worth it so I can spread the word to others who need advise.
THANKS, THANKS, AGAIN.
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That's terrific!!!
I hope this site help you find some peace and takes a bit of stress of your hands. Keep up the good fight!