Quote:
Originally Posted by kenneth  and i done each mod myself with the info right here on loansafe. (the mod that naca sent in did not work.) |
I'm curious about your experience with NACA. My good friend had ARM at 10.45 and all Chase would offer was 10/25 with an $8000 "good faith" payment. He went to NACA and within a month got this mod from Chase:
2.5% for 5 years
4.25% for 1 year
6.75% FIXED for all remaining years.
Pretty darn good. Maybe it depends on whether it's Chase or Countrywide/and who your NACA rep is.