Loan Modification Forum - LoanSafe.org - View Single Post - Going to attempt a Countrywide Loan Mod, advice needed please

NoahSi · 11-17-2008, 11:32 PM

ElpJohnson,

Yes I saw the example hardship letters they are great - and I am currently working on mine. I am also working on an expense to income spreadsheet - I just dont know what to tell Countrywide about our other loans on our primary residence that we know we cannot afford. Do I tell them we will have to foreclose or short sale? Do I include those payments knowing that I can no longer make them and will probably not have those loans in 6 months or so? Thanks!

11-17-2008, 11:32 PM	#9 (permalink)
NoahSi Member Join Date: Nov 2008 Posts: 5 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Going to attempt a Countrywide Loan Mod, advice needed please ElpJohnson, Yes I saw the example hardship letters they are great - and I am currently working on mine. I am also working on an expense to income spreadsheet - I just dont know what to tell Countrywide about our other loans on our primary residence that we know we cannot afford. Do I tell them we will have to foreclose or short sale? Do I include those payments knowing that I can no longer make them and will probably not have those loans in 6 months or so? Thanks!