Loan Modification Forum - LoanSafe.org - View Single Post

kateistired · 05-07-2009, 07:06 AM

Lostinlife,

I got a similar mod from CW a couple of weeks ago. Our interest rate stayed the same, my payment went from 764 to 855 (+$90). The only difference is that they told us we didn't need any money upfront. I am surprised that they required you to give them 5k. I actually told them that I had 4k upfront funds (I had been saving my payments), and they told me to keep it.

I wonder (if you decide to accept this mod), if they would waive the down payment for you...

We have accepted our modification because I have no more fight left in me....I have heard of a lot of members having great success, though, with NACA. Hang in there

Whatever you decide, it seems like a good time to be applying for modifications.

05-07-2009, 07:06 AM	#20 (permalink)
kateistired Senior Member Join Date: Oct 2008 Posts: 159 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Question about Sale date and CW Lostinlife, I got a similar mod from CW a couple of weeks ago. Our interest rate stayed the same, my payment went from 764 to 855 (+$90). The only difference is that they told us we didn't need any money upfront. I am surprised that they required you to give them 5k. I actually told them that I had 4k upfront funds (I had been saving my payments), and they told me to keep it. I wonder (if you decide to accept this mod), if they would waive the down payment for you... We have accepted our modification because I have no more fight left in me....I have heard of a lot of members having great success, though, with NACA. Hang in there Whatever you decide, it seems like a good time to be applying for modifications.