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moliver2k9 · 11-27-2008, 10:29 AM

I have just closed on a successful loan mod with GMAC HELOC and now I am on the my First Mtge with CW
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Question is it true that you need to be 3 payments in arrears to get a loan mod at CW??? I am 30 days, but I have asked for a loan mod To take 2 payments added to Principal which does not change my loan principal amount or rate/term,,,?

Issue for me was having to use savings/cash for kids college due to no college loans wich dried up cash surplus + loss of income from my wife job

any info would be helpful

I have emailed and called several perople at CW with no response in a week...

11-27-2008, 10:29 AM	#1 (permalink)
moliver2k9 Member Join Date: Oct 2008 Posts: 16 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Success!!!!!! Loan Mod approved I have just closed on a successful loan mod with GMAC HELOC and now I am on the my First Mtge with CW fficeffice" />>> Question is it true that you need to be 3 payments in arrears to get a loan mod at CW??? I am 30 days, but I have asked for a loan mod To take 2 payments added to Principal which does not change my loan principal amount or rate/term,,,? Issue for me was having to use savings/cash for kids college due to no college loans wich dried up cash surplus + loss of income from my wife job any info would be helpful I have emailed and called several perople at CW with no response in a week...