Just got put on HAMP pre-qual 3 mo. trial...

[sweetp27]

so, I'm a little nervous, happy, but nervously so. Our servicer is ASC, and we actually did a mod w/ them last year. It was hell but we got it done. However I lost my job and we were struggling again, so we re-applied. We faxed in paperwork on 8/23 and I called today to follow up and they told me that they can do our financials over the phone. I had no idea what she meant since they already had my financials but I said "okay". I got a nice lady who told me they can now pre-qual people for the HAMP program, so we went thru it and we qualified. Our trial pymt is now $700 less than our current payment, which is GREAT! BUT.... I am SOOOO scared that at the end of the 3 months things will get messy. I am currently on unemp. but have a 1099 job offer for the end of this year, so I am pretty sure I willl have a job, but I'm worried about sending in information with a new income in the middle of our HAMP trial. I asked about this and they said that the HAMP will not be affected and they will just take in my new income for when the modification starts in Jan. I still don't quite understand this whole HAMP thing, does it mean that after the 3 month trial period when our loan actually goes in for modification we will then have to do ANOTHER 3 month trial on the modification, or does the HAMP take care of that?!
ANY insights, advice, input, etc. will be much appreciated!
Best of luck to all!!!