Loan Modification Forum - LoanSafe.org - View Single Post - Back to Square One in regards to HOA Fees and MHA Modified Payment

ciscokidinsf · 07-01-2009, 07:50 AM

Dude, I am totally pissed off. This morning I called my negotiator to inquire about the HOA payments (I am in month 2 of the 3 month 'qualifying' period) and now my negotiator says that HOA is NOT going to be paid from the modified payment, not now, not going forwards either!

I explained that I do NOT have a separate property insurance policy, that my insurance gets paid through HOA. She says that my adjusted payment takes into consideration that I would pay the HOA. In that case, I said, I need a re-calculated payment because modified payment + HOA is more than 31% of gross income.

So now, I am not sure what the deal is with HOA anymore. Does anyone have an update on HOA fees and whether they get paid from the modified payment? I was TOLD they would, now I was told otherwise. I know I cannot stay at my house if I have to pay HOA out of my own pocket.

07-01-2009, 07:50 AM	#1 (permalink)
ciscokidinsf Member Join Date: May 2009 Posts: 29 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Back to Square One in regards to HOA Fees and MHA Modified Payment Dude, I am totally pissed off. This morning I called my negotiator to inquire about the HOA payments (I am in month 2 of the 3 month 'qualifying' period) and now my negotiator says that HOA is NOT going to be paid from the modified payment, not now, not going forwards either! I explained that I do NOT have a separate property insurance policy, that my insurance gets paid through HOA. She says that my adjusted payment takes into consideration that I would pay the HOA. In that case, I said, I need a re-calculated payment because modified payment + HOA is more than 31% of gross income. So now, I am not sure what the deal is with HOA anymore. Does anyone have an update on HOA fees and whether they get paid from the modified payment? I was TOLD they would, now I was told otherwise. I know I cannot stay at my house if I have to pay HOA out of my own pocket.