Complicated situation - Loan Modification Forum

lisadee · 10-19-2009, 12:12 PM

A few years ago, after my divorce my then fiance' refinanced my home into his name in order to get a better interest rate. Long story short, the economy seriously stunted my company and my fiance' was laid off.
I was aware we were behind and struggling but unaware we were about to be forclosed on. October 1 my fiance' died unexpectedly and that very day we were served forclosure papers- response due by the 24th.
My fiance' willed the house to me- and I now have lousy credit.
Will my children and I be able to stay in our home?
CitiFinancial said there may be options but wont discuss it further until I fax in the death certificate and will. I will be able to get a death certificate from the town hall this Wed. THREE days before the court date.
I'm just so unsure of how this will go down- I want to keep the only home my three children have ever known (ages 5,6 and 8)-
Any ideas what may happen?

Evan Bedard · 10-19-2009, 12:24 PM

Hi lisadee welcome and thank you for joining.

Quote:

CitiFinancial said there may be options but wont discuss it further until I fax in the death certificate and will. I will be able to get a death certificate from the town hall this Wed. THREE days before the court date.
I'm just so unsure of how this will go down- I want to keep the only home my three children have ever known (ages 5,6 and 8)-
Any ideas what may happen?

I am very sorry to hear this has happened.

You should be able to postpone the foreclosure date to try and work out some sort of modification. I would call the number below today and explain to them your situation:

you can contact CitiMortgage at the number for LoanSafe members to begin the process of the modification...........
1-866-255-3901

lisadee · 10-31-2009, 07:01 PM

A week since I faxed documents to Citi for a loan modification I have been qualified!
SEVEN DAYS!!
My loan is 2% 40 years- My house has been pulled from foreclosure and my payment has gone from 1980.00 to 920.00!!
I feel blessed, blessed, blessed!

concernedva · 10-31-2009, 08:22 PM

You have been qualified. Is the qualification on a trial period or is it set in stone.

Sunbeam · 10-31-2009, 10:53 PM

I am so happy for you....someone at Citi has a heart. They felt your grief and responded...I am sure of it.

10-19-2009, 12:12 PM	#1 (permalink)
lisadee Member Join Date: Oct 2009 Posts: 5 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Complicated situation A few years ago, after my divorce my then fiance' refinanced my home into his name in order to get a better interest rate. Long story short, the economy seriously stunted my company and my fiance' was laid off. I was aware we were behind and struggling but unaware we were about to be forclosed on. October 1 my fiance' died unexpectedly and that very day we were served forclosure papers- response due by the 24th. My fiance' willed the house to me- and I now have lousy credit. Will my children and I be able to stay in our home? CitiFinancial said there may be options but wont discuss it further until I fax in the death certificate and will. I will be able to get a death certificate from the town hall this Wed. THREE days before the court date. I'm just so unsure of how this will go down- I want to keep the only home my three children have ever known (ages 5,6 and 8)- Any ideas what may happen?

10-31-2009, 07:01 PM	#3 (permalink)
lisadee Member Join Date: Oct 2009 Posts: 5 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Complicated situation A week since I faxed documents to Citi for a loan modification I have been qualified! SEVEN DAYS!! My loan is 2% 40 years- My house has been pulled from foreclosure and my payment has gone from 1980.00 to 920.00!! I feel blessed, blessed, blessed!

10-31-2009, 08:22 PM	#4 (permalink)
concernedva Senior Member Join Date: Oct 2009 Posts: 32 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Complicated situation You have been qualified. Is the qualification on a trial period or is it set in stone.

10-31-2009, 10:53 PM	#5 (permalink)
Sunbeam Senior Member Join Date: Feb 2009 Location: N. California Posts: 306 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Complicated situation I am so happy for you....someone at Citi has a heart. They felt your grief and responded...I am sure of it.

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