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Mickeyfickey · 01-10-2009, 02:49 AM

Hi Denise,

I think we are in a similar situation. I have an arm that will adjust in May from 7.8 to over 9. NACA will definately help you submit a proposal, but it is still up to wells to approve anything. If I was the investor on your loan and I saw that you were current, I would shake every penny out of you before even thinking about helping out. All they care about is profit.

Logically if all things were equal and one person was current and another is months late, mod would probably go to person who is late. They make more money that way. They will suck you dry and address your issues a couple months down the line when you're really broke.

I don't know...just my 2 cents...don't take financial advice from a bum. Proceed as you wish and the best of luck.

01-10-2009, 02:49 AM	#13 (permalink)
Mickeyfickey Senior Member Join Date: Jan 2009 Posts: 81 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	re: CW/NACA Experience SUCCESS!! Hi Denise, I think we are in a similar situation. I have an arm that will adjust in May from 7.8 to over 9. NACA will definately help you submit a proposal, but it is still up to wells to approve anything. If I was the investor on your loan and I saw that you were current, I would shake every penny out of you before even thinking about helping out. All they care about is profit. Logically if all things were equal and one person was current and another is months late, mod would probably go to person who is late. They make more money that way. They will suck you dry and address your issues a couple months down the line when you're really broke. I don't know...just my 2 cents...don't take financial advice from a bum. Proceed as you wish and the best of luck.