|
| | |||||||
| Register | Video Directory | FAQ | Donate | Members List | Calendar | Search | Today's Posts | Mark Forums Read | |
| Citi Mortgage & Citi Financial Homeowner Help Center The great people at Citi Mortgage and Citi Financial (which are now merged) have contacted us at Loan Safe and asked that we make sure that their customers know that they are here to help them. We at Loan Safe believe 100% that this is true and will help facilitate this via Citi's new forum. |
This is a discussion on $729,750 limit for HAMP? within the Citi Mortgage & Citi Financial Homeowner Help Center forums, part of the Stop Foreclosure and Tell Us Your Story category; First post here - just coming up to speed on the various options and programs, so please forgive my ignorance. ...
| | LinkBack | Thread Tools | Display Modes |
| | #1 (permalink) |
| Junior Member Join Date: Oct 2009
Posts: 2
Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0 | $729,750 limit for HAMP? First post here - just coming up to speed on the various options and programs, so please forgive my ignorance. I see that I'm not eligible for the Home Affordable Modification Program because my first mortgage balance is $747,XXX. Is there a way around that limit? Loan is with Citimortgage. |
| | |
| | #2 (permalink) | |
| LoanSafe.org Homeowner Guide Join Date: Aug 2007 Location: Southern California
Posts: 2,168
Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0 | Re: $729,750 limit for HAMP? Hi Spensky welcome and thank you for joining. Quote:
__________________ Keep Fighting! Evan Bedard LoanSafe.org Support Team Please donate via paypal to LoanSafe.org to help keep this forum going 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. | |
| | |
| | #4 (permalink) | |
| LoanSafe.org Homeowner Guide Join Date: Aug 2007 Location: Southern California
Posts: 2,168
Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0 | Re: $729,750 limit for HAMP? Quote:
__________________ Keep Fighting! Evan Bedard LoanSafe.org Support Team Please donate via paypal to LoanSafe.org to help keep this forum going 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. | |
| | |
| | #7 (permalink) |
| LoanSafe.org Homeowner Guide Join Date: Aug 2007 Location: Southern California
Posts: 2,168
Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0 | Re: $729,750 limit for HAMP? Thank you jakelabry, yes the guidelines are only for your first mortgage..
__________________ Keep Fighting! Evan Bedard LoanSafe.org Support Team Please donate via paypal to LoanSafe.org to help keep this forum going 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. |
| | |
| | #9 (permalink) | |
| LoanSafe.org Homeowner Guide Join Date: Aug 2007 Location: Southern California
Posts: 2,168
Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0 | Re: $729,750 limit for HAMP? Quote:
__________________ Keep Fighting! Evan Bedard LoanSafe.org Support Team Please donate via paypal to LoanSafe.org to help keep this forum going 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. | |
| | |
| | #11 (permalink) |
| Junior Member Join Date: Nov 2009
Posts: 1
Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0 | Re: $729,750 limit for HAMP? I'm applying with Chase for the HAMP program but my balance is currently 740K, the file is currently in underwriting and they already did a BPO on my house. Base on the balance will I be denied? Can the bank issue a write off forbearance to take the loan down to 729K to meet the guidelines? Has anyone that owed more than 729K on the first been able to be modified by the HAMP program? |
| | |
| | #12 (permalink) |
| Senior Member Join Date: Feb 2009 Location: N. California
Posts: 294
Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0 | Re: $729,750 limit for HAMP? Nosby, you may not be eligible for HAMP, but as Evan stated earlier, you may qualify for an "in-house" traditional modification from Chase....if they deny your HAMP, ask for traditional mod....what is your DTI right now, gross income to mortgage+tax+insurance+HOAs? |
| | |
| Thread Tools | |
| Display Modes | |
| |