| Re: My monthly deficit too high to get a mod?
hi there,
i am currently with wells fargo and was put on a 3 month forebearance plan
which reduces my payment from 2,600.00 to 1,800.00. the balloon amount is the amount they put in the back of the loan. you dont have to pay that. as long as you make those 3 payments on time not a day late they will modify your loan. they want to see a good faith. this is my seccond loan mod with them. my first one in july 2008 and now. hope this helps |