Should I file a QRW when trying to get a mortgage Modificaiton ? - Loan Modification Forum

exclusive1000 · 10-06-2009, 04:23 PM

Re: The Mother of all QWRs-Guaranteed to Make 'Em Squirm and Sweat Buckets!

How does a Qualified Written Request , like this one, help with a mortgage modication ?
We are 4 months behind on a Chase Jumbo loan.

We have been in contact with chase and are getting our docs
together to send to them.

We are interested in getting a modification for our 1st and 2nd both with chase. We would like to stay in our home.

Do you think sending this QWR will help our chances or hurt us ?

And what would sending this QWR do to the foreclouser process ?

By the way we are about 400k upside down in our house with the current
real estate market in So Cal.

Thanks

caldwellb02 · 10-06-2009, 04:26 PM

Okay - I am not the expert on a QWR, but I'm thinking to try working with them first. I may be wrong, but that seems to be the right way to go with this, especially if you haven't sent your docs in yet.

10-06-2009, 04:26 PM	#2 (permalink)
caldwellb02 Senior Member Join Date: Nov 2008 Location: Northern CA Posts: 1,774 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Should I file a QRW when trying to get a mortgage Modificaiton ? Okay - I am not the expert on a QWR, but I'm thinking to try working with them first. I may be wrong, but that seems to be the right way to go with this, especially if you haven't sent your docs in yet.

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