Expense sheet

[Hernando]

I am in the process of putting together a monthly expense sheet per request of Countrywide. I understand they like to see $100 to $250 left over at the end of the month. With an
income of $3,000 per month and a mortgage payment of $1650.00 and after entering other expenses, there is no way
we will have anything left and will be over the $3,000. Of course that is why we are seeking a loan modification.
If anyone can tell me how to do this expense sheet so it will be acceptable by Countrywide, I will be most appreciative of any help!

[alikeith]

What type of loan do you have? Do you qulaify under the Dec 1st program?

[Hernando]

Talked to Matt from the executive team and he said we do qualify for the Hope program. Our loan is 30 yr. fixed. 9.625%

[Hernando]

Forgot to say we are in Florida

[Hernando]

Anyone have any advice they can give me on the above topic? Appreciate any advice you may be able to give me.

[Cat Damiano]

Hernando,


The surplus is a guide only...........based on success stories form many servicers. You would need to go over the financials with either CW..........or you can call HOPE and they will be able to put one together with you to present for the lender.
1-888-995-HOPE

[Hernando]

After many weeks of talking to CW, only to hear our loan is under review and the completion date(?) is approx. 1/22/09, today I recieved an email
from NACA HomeSave Program. I do not remember contacting this group, although since my wife has been in the hospitral for almost two weeks, it is
possible that I did before she entered the hospital. Things have been a little crazy around here.
Is this a worthwhile group to pursue? Thanks for any info.

[Cat Damiano]

They are very helpful...........and they will work with CW and your investor on a modification proposal............
here is the link to the info.......
https://www.naca.com/refinance/refinanceTenStep.jsp