Loan Modification Forum - LoanSafe.org - View Single Post

seemore · 11-19-2008, 02:44 PM

Thanks SPM,

On line wiht them now but on hold wiht the reteniton line folks. She is saying i was not able to get a mod because i am in a fixed rate of 7.5%. She says Fannie Mae is our investor and that she "thinks" there is a program available around Dec. 15th. My situation is that my mortgage started off wiht 2 incomes, and a fixed 30 year rate wiht interest only. It started off at 1800 and since January has been at $2046. We have been making the payments but my wife no longer works and we have 3 daughters wiht a new baby due January. We are barely making it and have to budget and find money just for food, no savings, and worried about Xmas gifts.....but we are on time with all of our bills. Going to Call HOPE next...NACA looks like we have to pay for a membership????

11-19-2008, 02:44 PM	#13 (permalink)
seemore Member Join Date: Nov 2008 Posts: 7 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Denial #1 for Loan Mod with CW Thanks SPM, On line wiht them now but on hold wiht the reteniton line folks. She is saying i was not able to get a mod because i am in a fixed rate of 7.5%. She says Fannie Mae is our investor and that she "thinks" there is a program available around Dec. 15th. My situation is that my mortgage started off wiht 2 incomes, and a fixed 30 year rate wiht interest only. It started off at 1800 and since January has been at $2046. We have been making the payments but my wife no longer works and we have 3 daughters wiht a new baby due January. We are barely making it and have to budget and find money just for food, no savings, and worried about Xmas gifts.....but we are on time with all of our bills. Going to Call HOPE next...NACA looks like we have to pay for a membership????