What happens next? - Loan Modification Forum

cdf77 · 09-03-2009, 07:46 AM

Hello
I have my stubs all ready to send with a hardship letter to BofA for the MHA. What happens next? What should I expect next.

A little background info is that my husband just recently had an hours reduction and my hours always reduce during the school years when my kids are in school so we are just now low enough on income to qualify (or so I was told). Reading all these messages really makes me scared cause here I thought everything would be done since we "prequalify" but I guess there is a lot that can go wrong.

We are barely current on our mortgage.

Any advice or info is appreciated.

Evan Bedard · 09-03-2009, 08:36 AM

Hi cdf77 welcome and thank you for joining.

Your now ready to begin the process.. Contact the loss mitigation dept and let them know you are submitting for a modification and what number to fax the information to. They will most likely tell you to wait a couple days for the documents to be recieved. I would suggest to follow up everyday until confirmed everything is recieved and the ball is rolling...

Bank of America(800) 846-2222 Loss mitigation

09-03-2009, 07:46 AM	#1 (permalink)
cdf77 Junior Member Join Date: Sep 2009 Posts: 3 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	What happens next? Hello I have my stubs all ready to send with a hardship letter to BofA for the MHA. What happens next? What should I expect next. A little background info is that my husband just recently had an hours reduction and my hours always reduce during the school years when my kids are in school so we are just now low enough on income to qualify (or so I was told). Reading all these messages really makes me scared cause here I thought everything would be done since we "prequalify" but I guess there is a lot that can go wrong. We are barely current on our mortgage. Any advice or info is appreciated.

09-03-2009, 08:36 AM	#2 (permalink)
Evan Bedard 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: What happens next? Hi cdf77 welcome and thank you for joining. Your now ready to begin the process.. Contact the loss mitigation dept and let them know you are submitting for a modification and what number to fax the information to. They will most likely tell you to wait a couple days for the documents to be recieved. I would suggest to follow up everyday until confirmed everything is recieved and the ball is rolling... Bank of America(800) 846-2222 Loss mitigation __________________ 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.

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