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Old 02-01-2009, 04:39 PM   #58 (permalink)
whatsinaname
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Re: What to do re ARM

Just wanted to give an update. At the end of last week, I sent all my docs to NACA and I have had two conversations with them. I have another tomorrow and hope to have all file submitted to Chase by the end of next week.

By the way, the NACA rep also made me call Chase about my next payment. I did not know that if you make a partial payment they can apply it to something other than the mortgage payment. All the more reason to call them and tell them what you are doing.

NACA did give me a guesstimate of what they think my payment will be reduced to. Does anyone know how accurate these estimates are?
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