Loan Modification Forum - LoanSafe.org - View Single Post - Chase Loan Modification - Pre-qualified!

Kalvin09 · 04-03-2009, 12:20 PM

***. thanks for the reply.. Couple of things...

My Home owner's association dues and home owner's insurance is not included in the 31% DTI for the forbearance. Is this normal?

My regular payment was 1300 and due to the taxes, it went up to 1900 from this month, so the forebearance will bring it down to 1465. So if I dont agree with forebearance, and request Chase, that I will pay my taxes directly, can they put me on the 1300 payment(minus the escrow)?

If I go with the forebearance, how much do you think the credit score will get affected(approx)?

04-03-2009, 12:20 PM	#10 (permalink)
Kalvin09 Senior Member Join Date: Mar 2009 Posts: 69 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Chase Loan Modification - Pre-qualified! ***. thanks for the reply.. Couple of things... My Home owner's association dues and home owner's insurance is not included in the 31% DTI for the forbearance. Is this normal? My regular payment was 1300 and due to the taxes, it went up to 1900 from this month, so the forebearance will bring it down to 1465. So if I dont agree with forebearance, and request Chase, that I will pay my taxes directly, can they put me on the 1300 payment(minus the escrow)? If I go with the forebearance, how much do you think the credit score will get affected(approx)?