| Re: I'm being told I have to be late
Cat when you say fixed you mean it wont balloon for another 3 years and 9 months or so correct? Because the loan I have with Countrywide is an ARM loan and it will balloon but I guess you're saying its fixed for now in that I'm paying a set interest amount without principal. I'm sorry I'm a little lost on all the terms and I get a little confused. If I stay with this loan what should I do to prepare for before the time it does balloon?
And do I make too little for ALS to consider doing a modification? |