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tandknix · 11-11-2008, 09:14 PM

Gray,

We are in much the same situation as you and your story sounds so much like ours. We started with a lower rate, but each time we spoke with our broker we were told we would have to put more down (which we did thinking it would help lower it more) and ended up with 10.45%. Ours is set to adjust next August, but my husband has lost about 1/2 of his income. We have been trying to get help from CW since January and decided to try NACA last month. We are currently waiting to hear from CW now also. I call CW about everyother day to check on my account and reaffirm that we qualify for the Dec 1 program. I pray daily that the offer NACA submitted will be accepted. At this point, just like everyone else here, we are doing everything we can to save the home we have always dreamed of having.

11-11-2008, 09:14 PM	#8 (permalink)
tandknix Senior Member Join Date: Aug 2008 Location: Texas Posts: 204 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	re: CW Mod & Naca, almost a Success! Gray, We are in much the same situation as you and your story sounds so much like ours. We started with a lower rate, but each time we spoke with our broker we were told we would have to put more down (which we did thinking it would help lower it more) and ended up with 10.45%. Ours is set to adjust next August, but my husband has lost about 1/2 of his income. We have been trying to get help from CW since January and decided to try NACA last month. We are currently waiting to hear from CW now also. I call CW about everyother day to check on my account and reaffirm that we qualify for the Dec 1 program. I pray daily that the offer NACA submitted will be accepted. At this point, just like everyone else here, we are doing everything we can to save the home we have always dreamed of having.