View Single Post
Old 12-01-2008, 04:19 PM   #4 (permalink)
Moe Bedard
Founder
 
Moe Bedard's Avatar
 
Join Date: Aug 2007
Location: Southern California
Posts: 16,685
Moe Bedard has a reputation beyond reputeMoe Bedard has a reputation beyond reputeMoe Bedard has a reputation beyond reputeMoe Bedard has a reputation beyond reputeMoe Bedard has a reputation beyond reputeMoe Bedard has a reputation beyond reputeMoe Bedard has a reputation beyond reputeMoe Bedard has a reputation beyond reputeMoe Bedard has a reputation beyond reputeMoe Bedard has a reputation beyond reputeMoe Bedard has a reputation beyond repute
Re: How to modify the 30 yr fixed?

You first would need to contact your servicing lender and any subordinate lien holders since their participation is vital for you to refinance into a HOPE for Homeowners mortgage. It is important to remember that the HOPE for Homeowners program is voluntary and your servicing lender may offer different solutions for avoiding foreclosure.

When contacting any lender on this list, please use the contact information provided. Do not give anyone money or pay any fees until you have spoken with your existing lender and know it is participating in the HOPE for Homeowners Program.

click on the link for a list of lenders........

http://portal.hud.gov/pls/portal/doc...(11-25-08).PDF



You would need to ask on the occupancy............because if you are renting it out and live in another state........it really isn't a primary residience for you.............an approved FHA lender on the list should be able to answer that question before proceeding..............
__________________
Moe Bedard
Founder

LoanSafe.org "America's #1 Home Loan Forum"
LoanWorkout.org "America's # Loan Modification Blog"


Get My FREE Loan Modification E-Book | Please donate to LoanSafe.org | Loan Modification Training For Attorneys | Rate Your Mortgage Servicer


The comments by me and the materials available at this web site are for informational purposes only and not for the purpose of providing legal advice. Most of the information you find here is easily available on the internet. You should contact your attorney to obtain advice with respect to any particular issue or problem. The opinions expressed at or through this site are the opinions of the individual author and may not reflect the opinions of the firm or any individual attorney. Please Read our Privacy Policy and Legal Disclaimer Here.
Moe Bedard is offline   Reply With Quote