I didn't submit an affordability number, naca went over our expenses with me and then we faxed in hubby's paystubs, they came up with an affordability budget and payment that we could afford and submitted this proposal to
CW. I started the process with naca around the end of september (after going thru 2 weeks of the circus act with
CW) Naca submitted to
CW on 10/6, we got the initial approval news via my phone conversation with naca on 12/12, got the email from naca negotiatior accepting the proposal on 12/30 and now waiting on docs. I would say the whole process has taken around 90 days so far. At least with naca the mods are for the life of the loan and not a temporary 5 year fix or interest only solution. (mind you we would have taken anything to save our home)