Loan Modification Forum - LoanSafe.org - View Single Post - My monthly deficit too high to get a mod?

chens380 · 06-11-2009, 08:40 PM

hi
I have similer case that my monthly deficit is too high to get a mod. I applied the HAMP in March. And i have been contecting them since. Last week WF finally offer me 3month forebearance agreement. I was very upset because after three months they want me to pay $11,000 which are 3 months payment with late fee at once. of course i can not pay all at ONCE. i dont even have the money to pay monthly.
can someone tell me how should i response to wells fargo if i cant not afford to pay $11,000 on Sept, 1
what will they do after the special forbearance?

06-11-2009, 08:40 PM	#30 (permalink)
chens380 Junior Member Join Date: Jun 2009 Posts: 1 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: My monthly deficit too high to get a mod? hi I have similer case that my monthly deficit is too high to get a mod. I applied the HAMP in March. And i have been contecting them since. Last week WF finally offer me 3month forebearance agreement. I was very upset because after three months they want me to pay $11,000 which are 3 months payment with late fee at once. of course i can not pay all at ONCE. i dont even have the money to pay monthly. can someone tell me how should i response to wells fargo if i cant not afford to pay $11,000 on Sept, 1 what will they do after the special forbearance?