Just after me and my wife were about to give up all hope....BAM!!! we got our email from NACA just last week that our loan has been finalized and modified. And to my surprise, it was a BETTER offer than NACA proposed to them. We had started this process way back in October of last year and have had our mod cancelled twice. I then got ahold of NACA in February of this year and sent all neccessary paperwork to them. We had an adjustable rate that was currently at 9.25%. Our payment was $1150 and did NOT include taxes and insurance ($210 mnth for this). NACA came up with a proposal of 5.65% fixed for life of the loan which made our payment $1026 which included our taxes and insurance. Low and behold we get our paperwork and our rate is now an unbelievably low 4.15% for the life of the loan making our payment $921 w/ escrow. YEEHAWW!!! Now we just have to work on our 2nd w/ Litton Loans and get that rate modified. Moral of the story is, there is hope and don't give up!! THANK YOU NACA and LoanSafe!!!!!!!!!!!!!
