Please Help - Denied by Citi - Loan Modification Forum

shoebanwar · 07-13-2009, 07:10 PM

ffice

ffice" />>>
Currently I have 2 mortgages for the house which I bought in 2004 for 350000. Current CitiMortgage Balance: $259000 ( 5 year ARM @ 5.1%, schedule to reset 08/09) and Chase Home Equity line of Credit Balance: 89000. House was apprised $320000 last month. I started the home affordable home refinance with Citi in May, 09 and last week Citi declined the application because apprised value does not support request loan amount. When I called Citi today, they said, even though my mortgage is backed by Fannie Mae, the electronic data Fannie Mae sent to Citi is missing some codes which made me ineligible. I called Fannie Mae tier 2 supports to see if I am eligible for this HAR program and they said they will get to me in 2 weeks. I am current with my payments and never missed any payments and my credit score is pretty good. Please let me know if there is anything else I can do. Can a lawyer or mortgage specialist help me? Any help or suggestions will be greatly appreciated.>>

Thanks,
Anwar

SillyWorld · 07-13-2009, 07:28 PM

Have you looked into NACA.com, thats the only safe way I will go after the Citi LIES and LIES, they just wanna mess you up and take your Home, they are going BK soon, so they could care less about us troubled home owners

e!!wald · 07-13-2009, 07:37 PM

at first I would have disagreed with you sillyworld, however being approx. 5 1/2 months into this process and the 6 pages of notes i have taken with the various citi cronies if given the opportunity to start over i probably would go with a third party hud group....

Moe Bedard · 07-13-2009, 08:52 PM

Hello Anwar!

You may be able to see if NACA has a refinance program for this.

Did you try the phone numbers and email on the forum?

Email address:
homeownerhelp@citi.com
Phone Number:
1-866-255-3901

shoebanwar · 07-15-2009, 07:54 PM

Hi Moe,Thanks for your quick response. I will contact NACA soon. I have called Citi many times and they said they won't be able to help me this time. Is there any way find out from Fannie if I am eligible for HAR or not? Can the Citi executive team help me on this? Which contact info you are talking about? NACA or Citi?

Thanks,
Anwar

07-13-2009, 07:10 PM	#1 (permalink)
shoebanwar Junior Member Join Date: Jul 2009 Posts: 2 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Please Help - Denied by Citi fficeffice" />>> Currently I have 2 mortgages for the house which I bought in 2004 for 350000. Current CitiMortgage Balance: $259000 ( 5 year ARM @ 5.1%, schedule to reset 08/09) and Chase Home Equity line of Credit Balance: 89000. House was apprised $320000 last month. I started the home affordable home refinance with Citi in May, 09 and last week Citi declined the application because apprised value does not support request loan amount. When I called Citi today, they said, even though my mortgage is backed by Fannie Mae, the electronic data Fannie Mae sent to Citi is missing some codes which made me ineligible. I called Fannie Mae tier 2 supports to see if I am eligible for this HAR program and they said they will get to me in 2 weeks. I am current with my payments and never missed any payments and my credit score is pretty good. Please let me know if there is anything else I can do. Can a lawyer or mortgage specialist help me? Any help or suggestions will be greatly appreciated.>> Thanks, Anwar

07-13-2009, 07:28 PM	#2 (permalink)
SillyWorld Senior Member Join Date: Apr 2009 Location: Central Pennsylvania Posts: 1,138 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Please Help - Denied by Citi Have you looked into NACA.com, thats the only safe way I will go after the Citi LIES and LIES, they just wanna mess you up and take your Home, they are going BK soon, so they could care less about us troubled home owners __________________ Central PA, USA Waiting NACA Approval With Citi ON FHA MORTGAGE 05/18/2009 Ginnie Mae investor Is NACA Becomming a SCAM..?

07-13-2009, 07:37 PM	#3 (permalink)
e!!wald Senior Member Join Date: Mar 2009 Posts: 54 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Please Help - Denied by Citi at first I would have disagreed with you sillyworld, however being approx. 5 1/2 months into this process and the 6 pages of notes i have taken with the various citi cronies if given the opportunity to start over i probably would go with a third party hud group....

07-13-2009, 08:52 PM	#4 (permalink)
Moe Bedard Founder Join Date: Aug 2007 Location: Southern California Posts: 16,887 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Please Help - Denied by Citi Hello Anwar! You may be able to see if NACA has a refinance program for this. Did you try the phone numbers and email on the forum? Email address: homeownerhelp@citi.com Phone Number: 1-866-255-3901 __________________ Moe Bedard Founder LoanSafe.org "America's #1 Home Loan Forum" LoanWorkout.org "America's # Loan Modification Blog" Get My FREE Loan Modification E-Book \| Please donate to LoanSafe.org \| Loan Modification Training For Attorneys \| Rate Your Mortgage Servicer The comments by me and the materials available at this web site are for informational purposes only and not for the purpose of providing legal advice. Most of the information you find here is easily available on the internet. You should contact your attorney to obtain advice with respect to any particular issue or problem. The opinions expressed at or through this site are the opinions of the individual author and may not reflect the opinions of the firm or any individual attorney. Please Read our Privacy Policy and Legal Disclaimer Here.

07-15-2009, 07:54 PM	#5 (permalink)
shoebanwar Junior Member Join Date: Jul 2009 Posts: 2 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Please Help - Denied by Citi Hi Moe,Thanks for your quick response. I will contact NACA soon. I have called Citi many times and they said they won't be able to help me this time. Is there any way find out from Fannie if I am eligible for HAR or not? Can the Citi executive team help me on this? Which contact info you are talking about? NACA or Citi? Thanks, Anwar

Thread Tools
Show Printable Version Email this Page
Display Modes
Linear Mode Switch to Hybrid Mode Switch to Threaded Mode