Loan Modification Forum - LoanSafe.org - View Single Post

ARMtoreset · 12-12-2008, 01:59 PM

New to the forum -
I have a 5/1 ARM due to reset next year and a HELOC.
I am told I an not eligibile for the Loan Modification because my loans did not originate with Countrywide. Tried to refinance but due to decrease in home values (california), unable to do so. I feel stuck in one place and don't know what to do at this point... I would like to keep my home.

12-12-2008, 01:59 PM	#1 (permalink)
ARMtoreset Member Join Date: Jul 2008 Posts: 20 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Request for advice New to the forum - I have a 5/1 ARM due to reset next year and a HELOC. I am told I an not eligibile for the Loan Modification because my loans did not originate with Countrywide. Tried to refinance but due to decrease in home values (california), unable to do so. I feel stuck in one place and don't know what to do at this point... I would like to keep my home.