Never Been Past Due, Will Chase Consider Mod? - Loan Modification Forum

mattliz04 · 12-14-2007, 02:14 PM

We are looking into trying to get a loan modification for our mortgage with Chase. The lender who originally helped us get our mortgage recommended that we try. We have barely been able to get by paying our mortgage payments on time for the past 6 months. We know that we will not be able to pay the payments on time much longer with how tight things are for us right now. I was just wondering if anyone had any experience dealing with Chase in this kind of situation and if they will even consider a loan mod. for us since we haven't been past due...yet.

spike · 12-14-2007, 05:48 PM

I'm currently working to get my loan with Chase modified. I contacted them less than a week ago and today they called and made an offer which was not what I wanted. I want them to tack on 3 payments to the end of the loan and they want me to pay extra until paid off.
I was told to fax over more documents and would hear from them next week after she discusses my request with her supervisor.

workinlossmit · 12-20-2007, 11:51 PM

i work for chase.... so um... review my other postings... on what you should do.. chase doesnt back off payments and move them to the end of the loan... this is counterproductive... because if youre unable to make your payment now.. what is going to change in three months??? so chase's approach has been to modify loans.. last thing.. i ve yet to hear of someone negotiating with one of chase's underwriters.. doesnt happen.. because the underwriter does not talk to borrowers.. so, yeah.. um.. look up my other postings.. got some info there.. depending on your issue. okay??? holler if you need a question answered.. i ll try ot respond.. been kinda hectic so i havnt responded in few weeks...

greg1940 · 12-22-2007, 08:47 PM

Quote:

Originally Posted by workinlossmit

i work for chase.... so um... review my other postings... on what you should do.. chase doesnt back off payments and move them to the end of the loan... this is counterproductive... because if youre unable to make your payment now.. what is going to change in three months??? so chase's approach has been to modify loans.. last thing.. i ve yet to hear of someone negotiating with one of chase's underwriters.. doesnt happen.. because the underwriter does not talk to borrowers.. so, yeah.. um.. look up my other postings.. got some info there.. depending on your issue. okay??? holler if you need a question answered.. i ll try ot respond.. been kinda hectic so i havnt responded in few weeks...

I just faxed over my information for my request for a modification. I am all ready working with someone in the litigation dept who will be forwarding the info to the mod dept, My question is from the time they recieve my request, and it gets approved, how long does it usually take for the modification to take effect. Because I dont know how much longer I can pay the rate of 11%, what rate do they reset it and for how long? 5% for two years and the remander 28 @ 6 to 8%? In addition a lender who couldnt qualify my refinance, wanted to handel this modification for $1900.00. Is this something I can do myself, meaning does a lender have advantages over a borrower? Thank you so much ... GREG1940

n8tvca70 · 01-12-2008, 11:36 AM

what are the chances? I realize everyone at Chase is overwhelmed and has heard "my story" a million times. I wonder what the reality of loan mod for someone who is now 70days past due...in loan mod dept - is it true that being in loan mod process stops foreclosure?

Moe Bedard · 01-12-2008, 12:07 PM

I am going through a loan mod with Chase and have nothing but nice things to say about the people at the modification dept. Chase is a servicer who got the original loan from Option One.
When you say your loan keeps transferring servicers, do you mean out of Chase's hands?
Also "workinlossmit" is a real asset to this forum........he is a loss mitigator for Chase and although he is not handling my mod he gave me a heads up on what to fax to them to get the ball rolling. My contact people have kept in touch with me to update my file and let me know where I am at in the process. I am sorry that you are not getting the same service that each of us that are with Chase are experiencing.
In answer to your question.......working on a loan modification with the workout dept. does not stop the foreclosure process. It will continue moving forward until a workout is agreed upon......ie. the fees will keep acruing on the account.
Hope this helps.......again I am sorry about what you are going through....I hope things get better for you....

***

Moe Bedard · 01-12-2008, 02:00 PM

n8, you should slow down and read what other homeowners are saying about Chase and get pointers as to what to do.

I think there is just a lot of miscommunication and you need someone to guide you on all the right steps. Like *** has done here.

Yes, they are very busy and they hear the same story, like 100 times a day. So keep that n mind and be sympathetic to whoever you talk to. Maybe if you don't give em the same story, they'll listen

n8tvca70 · 01-13-2008, 07:59 AM

I could have sworn I repolied to this post ysterday...hmm.

My lender is a very close friend - she is out of the business now (shock!)

Moe: I see you are in the same area code as I. You can see the obvious destruction left behind but the hurricane of lenders...I do take responsibility in making a horrific decision to go with an adjustabl when I had a perfectly affordale 30yr fixed. but it wasn't until I tried to refi that I found out my loan was interest only AND that fact would never change upon adjustments. Loan went from 6.75 to 8.5 then in a few weeks 9.5 Quite frankly I can live on the beach in the OC for cheaper renting but I have a family and my children have their school and the list goes on.

So Many Questions...So little Time

Do you have a local referral for legal counsel in the event I would need this? When to seek legal counsel? We are in the Notice of Rights phase. Should I be paying some monies on my mortgage? Will being in Notice of Rights affect my Loan Modification decision? Do you have a crystal ball to any of these outcomes - thats what I really want

I hope Chase can help me. I wish I could visit Rancho Bernardo branch and hand the paper directly to the person who is working on my loan mod.

workinlossmit · 01-13-2008, 09:02 PM

okay... first thing i need to address.... if you loan is past 90 days your in foreclosure... chase has assigned a local atty to represent chase during the FC process----NOW THIS IS IMPORTANT!!!

if you send in your MOD docs---REMEMBER AND I STRESS THIS!!! ASK THE REP IF THEY HAVE PLACED YOUR FILE ON HOLD WITH THE CHASE ATTY!!!! WHY?? BECASUE YOU DONT WANT TO BE CHARGED ANYMORE ATTY FEES AND COSTS!!!!! okay... got that off my chest...

as for your question greg... DO IT YOURSELF AND SAVE THE $1900 bucks for a dinner with your signficant other go to a movie with your kids and save the remaining 1800 bucks and save your future cash for you "Good faith down payment" if your loan is modified.!!!!

n8----your loan has been referred for a loan mod---but not assigned to anyone cus your in teh 70 day range... make your payment so that your not assessed atty fees and costs--- which if your in cali---then your gonna pay @ 2500 bucks more!!! so try to make your payments!!!

ps n8--notice or rights is just chase going b4 a judge to say.. yeah this is our loan and mr n8 is responsible for the lien---- the judge then asks what your doing to rectify the issue.. you say you've asked for a loan mod wiht chase and that you hope ot have an answer in about 60 days.. bad thing about you pre foreclosure folks is that yhou dont have an assigned rep watching your account. but the "legal" issue is between you and an atty.

thanks for the props kit

jules60 · 01-20-2008, 10:27 PM

I call chase home finance every week .. first it was 45 days.. now i'm told 60 & days .. I am current .. but for how long ?? I have sold my car .. cut cost in everyway.. My grown kids have been helping me out every month.. I have a job that pays $13.50 hr & commission.. (none for 6mo) My kids can no-longer help..house pmt is $1255. I just need a lower pmt for now.. I'm 60 and looking for a better job...? lets face it my career path is done ! SS is my future... What can I do to speed up the process? What if I fail to pay next month? HELP ... thx j

workinlossmit · 01-30-2008, 10:50 PM

Quote:

Originally Posted by jules60

I call chase home finance every week .. first it was 45 days.. now i'm told 60 & days .. I am current .. but for how long ?? I have sold my car .. cut cost in everyway.. My grown kids have been helping me out every month.. I have a job that pays $13.50 hr & commission.. (none for 6mo) My kids can no-longer help..house pmt is $1255. I just need a lower pmt for now.. I'm 60 and looking for a better job...? lets face it my career path is done ! SS is my future... What can I do to speed up the process? What if I fail to pay next month? HELP ... thx j

hey jules..give your contact info to moe.. i ll check on it..

heck23 · 02-21-2008, 10:45 PM

I haven't heard a clear answer to mattliz04's question. I'm in the same boat - have been paying my mortgage payments in full and on time, but can't do it for much longer. I have tried getting in touch with Chase loss mitigation, but they won't talk to me because I'm not late. I have another loan with Citi and they have sent me a loan mod package to complete before I go late on payments. Is Chase doing anything to help us that want to keep our house and our credit? Thanks!!

Moe Bedard · 02-21-2008, 11:11 PM

Hi Heck23,
Welcome to the forum and thank you for joining.......
The short answer to your question is yes you can if your interest rate is scheduled to adjust anytime soon.......
So could you please, if you don't mind, start your own thread under the "tell us your story" section of the forum and be more specific to your situation........

What state are you in?
What is the interest rate now, what is it going to adjust to?
You indicated two loans, what are the current loan amounts and the value of the house now?
Thank you.

jules60 · 02-22-2008, 10:41 PM

I was in the same boat.. not behind but close.. I finally got threw to loan mid..I expressed how desperate I was & wasnt sure how much more I cld hang on..My info was given (monthly bills) & I was to fax 4 pay stubs.. letter of hardship.. I just explained this was my home, illness, lack of funds,& at this point I had sold my furniture/car & had nothing left for garage sales & to old to get a better job (60) .... It took 45-60 days ..I cld every Monday for up dates.. finally came jan 18th... my 7.5% fixed went to 5% fixed for term.... Now that I look back .. My income was $1900 mo .. bring hm... My new pmt is $918. /old was $1250 Cld it have been because of my age & income..or cld the they smell the FEAR... DESPERATION... What ever it was
THX Chase.. PLEASE DONT CALL GIVE UP.... THIS IS UR HOME... JUST HANG ON ...KEEP CALLING... good luck.. jules

02-22-2008, 10:52 PM

Jules.....start a new thread and let everyone know that you MADE IT!!!!!

CONGRATULATIONS !!!!!!!!

Give your self a big round of applause!!!!!

In the new thread let us know all of the details.....

Moe Bedard · 02-22-2008, 11:24 PM

In the success forum......

mreedlaw · 02-23-2008, 05:32 AM

Jules - Good morning and congratulations...Have a wonderful weekend, Michael

Revello · 07-31-2009, 06:24 AM

Were you able to get your loan with Chase modified under the Obama' plan? 2% to 3%, 40 yrs amort? I have not heard from anyone who has succeeded.

Revello · 07-31-2009, 06:26 AM

Were you able to get your loan with Chase modified under the Obama' plan? 2% to 3%, 40 yrs amort? I have not heard from anyone who has succeeded.

Revello · 07-31-2009, 06:34 AM

Was anyone able to get their loan with Chase modified under the Obama' plan? 2% to 3%, 40 yrs amort? I have not heard from anyone who has succeeded.

kgeriak · 07-31-2009, 11:16 AM

I need access to Chase Executive Phone numbers. I was turned down again today for the Chase modification. They stated incomplete application. This is total crap. I have been doing this since April 2009 and they lost the first application because they said it was incomplete - redid the Application again and sent in May. Got a letter today saying they are denying me because of Incomplete Application. They are totally wrong. Please someone have ana executive phone number I can call to get this to work! Thanks

mark_m · 08-10-2009, 01:27 PM

I'm in the exact same boat with Chase. I've called every week since June with the excuse that I'm missing some sort of documentation, then when I tell them I've already faxed it they say, "let me see....oh yeah, I see it here". My last status was that it was with a negotiator, when I called today they said they had canceled due to insufficient documentation. I just don't know what the hell is going on over there. I have a record of dates and names of who I talked to every time I called, its all just one huge cluster ****. I don't see how they get anything done with how they are handling these applications.

mark

Jazmin66 · 08-11-2009, 07:03 AM

Dear Workinlossmit and anybody else that can help...

Does Chase formerly WAMU do loan Modification for rental properties? I was just recently informed that they do not. I filed my application back in May 2009. This is a property I lived in from the day I bought it until my divorce. After my divorce I couldn't afford the home anymore so I rented it out at a loss. When I called Chase for an update, they told me that rental properties are not modified at this time. Is that true? Any possibility it may be offered in the near future? I understand that they want to help people keep their homes but this is really my home and I currently live with my parents in order to be able to afford keeping the house. What can I do?

seabell · 08-11-2009, 08:37 AM

I'm in the same boat. Never missed a payment in 10 yrs. Now, job (business) income greatly reduced plus on partial unemployment. Will I qualify for modification/ lower payments? On interest only now, and can't afford.

rosebrock · 08-11-2009, 05:53 PM

I'll try to be brief. I have a rental that I purchased as a owner occupied, it is a negative arm that is currently at a low interest rate, I will not be able to make the payment once rates go up.
My current residence is on a 5 year arm at 6.5%, I'm barely able to make the current payment. I have never been late on any payments. I would like to modify both properties before the rates go up. Which one should I do first or could I do them both at the same time? They are both with chase.

12-14-2007, 02:14 PM	#1 (permalink)
mattliz04 Junior Member Join Date: Dec 2007 Posts: 1 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Never Been Past Due, Will Chase Consider Mod? We are looking into trying to get a loan modification for our mortgage with Chase. The lender who originally helped us get our mortgage recommended that we try. We have barely been able to get by paying our mortgage payments on time for the past 6 months. We know that we will not be able to pay the payments on time much longer with how tight things are for us right now. I was just wondering if anyone had any experience dealing with Chase in this kind of situation and if they will even consider a loan mod. for us since we haven't been past due...yet.

12-14-2007, 05:48 PM	#2 (permalink)
spike Junior Member Join Date: Dec 2007 Posts: 4 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Chase Loan Modification I'm currently working to get my loan with Chase modified. I contacted them less than a week ago and today they called and made an offer which was not what I wanted. I want them to tack on 3 payments to the end of the loan and they want me to pay extra until paid off. I was told to fax over more documents and would hear from them next week after she discusses my request with her supervisor.

12-20-2007, 11:51 PM	#3 (permalink)
workinlossmit Chase Loan Modification Guide Join Date: Nov 2007 Location: texas Posts: 65 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Chase Loan Modification i work for chase.... so um... review my other postings... on what you should do.. chase doesnt back off payments and move them to the end of the loan... this is counterproductive... because if youre unable to make your payment now.. what is going to change in three months??? so chase's approach has been to modify loans.. last thing.. i ve yet to hear of someone negotiating with one of chase's underwriters.. doesnt happen.. because the underwriter does not talk to borrowers.. so, yeah.. um.. look up my other postings.. got some info there.. depending on your issue. okay??? holler if you need a question answered.. i ll try ot respond.. been kinda hectic so i havnt responded in few weeks...

01-12-2008, 11:36 AM	#5 (permalink)
n8tvca70 Member Join Date: Jan 2008 Posts: 23 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	To: workinlossmit what are the chances? I realize everyone at Chase is overwhelmed and has heard "my story" a million times. I wonder what the reality of loan mod for someone who is now 70days past due...in loan mod dept - is it true that being in loan mod process stops foreclosure?

01-12-2008, 12:07 PM	#6 (permalink)
Moe Bedard Founder Join Date: Aug 2007 Location: Southern California Posts: 16,887 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Chase Loan Modification I am going through a loan mod with Chase and have nothing but nice things to say about the people at the modification dept. Chase is a servicer who got the original loan from Option One. When you say your loan keeps transferring servicers, do you mean out of Chase's hands? Also "workinlossmit" is a real asset to this forum........he is a loss mitigator for Chase and although he is not handling my mod he gave me a heads up on what to fax to them to get the ball rolling. My contact people have kept in touch with me to update my file and let me know where I am at in the process. I am sorry that you are not getting the same service that each of us that are with Chase are experiencing. In answer to your question.......working on a loan modification with the workout dept. does not stop the foreclosure process. It will continue moving forward until a workout is agreed upon......ie. the fees will keep acruing on the account. Hope this helps.......again I am sorry about what you are going through....I hope things get better for you.... ***

01-12-2008, 02:00 PM	#7 (permalink)
Moe Bedard Founder Join Date: Aug 2007 Location: Southern California Posts: 16,887 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Chase Loan Modification n8, you should slow down and read what other homeowners are saying about Chase and get pointers as to what to do. I think there is just a lot of miscommunication and you need someone to guide you on all the right steps. Like * has done here. Yes, they are very busy and they hear the same story, like 100 times a day. So keep that n mind and be sympathetic to whoever you talk to. Maybe if you don't give em the same story, they'll listen __________________ Moe Bedard** Founder LoanSafe.org "America's #1 Home Loan Forum" LoanWorkout.org "America's # Loan Modification Blog" Get My FREE Loan Modification E-Book \| Please donate to LoanSafe.org \| Loan Modification Training For Attorneys \| Rate Your Mortgage Servicer 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.

01-13-2008, 07:59 AM	#8 (permalink)
n8tvca70 Member Join Date: Jan 2008 Posts: 23 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Chase Loan Modification I could have sworn I repolied to this post ysterday...hmm. My lender is a very close friend - she is out of the business now (shock!) Moe: I see you are in the same area code as I. You can see the obvious destruction left behind but the hurricane of lenders...I do take responsibility in making a horrific decision to go with an adjustabl when I had a perfectly affordale 30yr fixed. but it wasn't until I tried to refi that I found out my loan was interest only AND that fact would never change upon adjustments. Loan went from 6.75 to 8.5 then in a few weeks 9.5 Quite frankly I can live on the beach in the OC for cheaper renting but I have a family and my children have their school and the list goes on. So Many Questions...So little Time Do you have a local referral for legal counsel in the event I would need this? When to seek legal counsel? We are in the Notice of Rights phase. Should I be paying some monies on my mortgage? Will being in Notice of Rights affect my Loan Modification decision? Do you have a crystal ball to any of these outcomes - thats what I really want I hope Chase can help me. I wish I could visit Rancho Bernardo branch and hand the paper directly to the person who is working on my loan mod.

01-13-2008, 09:02 PM	#9 (permalink)
workinlossmit Chase Loan Modification Guide Join Date: Nov 2007 Location: texas Posts: 65 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Chase Loan Modification okay... first thing i need to address.... if you loan is past 90 days your in foreclosure... chase has assigned a local atty to represent chase during the FC process----NOW THIS IS IMPORTANT!!! if you send in your MOD docs---REMEMBER AND I STRESS THIS!!! ASK THE REP IF THEY HAVE PLACED YOUR FILE ON HOLD WITH THE CHASE ATTY!!!! WHY?? BECASUE YOU DONT WANT TO BE CHARGED ANYMORE ATTY FEES AND COSTS!!!!! okay... got that off my chest... as for your question greg... DO IT YOURSELF AND SAVE THE $1900 bucks for a dinner with your signficant other go to a movie with your kids and save the remaining 1800 bucks and save your future cash for you "Good faith down payment" if your loan is modified.!!!! n8----your loan has been referred for a loan mod---but not assigned to anyone cus your in teh 70 day range... make your payment so that your not assessed atty fees and costs--- which if your in cali---then your gonna pay @ 2500 bucks more!!! so try to make your payments!!! ps n8--notice or rights is just chase going b4 a judge to say.. yeah this is our loan and mr n8 is responsible for the lien---- the judge then asks what your doing to rectify the issue.. you say you've asked for a loan mod wiht chase and that you hope ot have an answer in about 60 days.. bad thing about you pre foreclosure folks is that yhou dont have an assigned rep watching your account. but the "legal" issue is between you and an atty. thanks for the props kit Last edited by workinlossmit; 01-13-2008 at 09:06 PM..

01-20-2008, 10:27 PM	#10 (permalink)
jules60 Member Join Date: Jan 2008 Location: Sacramento,ca Posts: 16 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Chase Loan Modification I call chase home finance every week .. first it was 45 days.. now i'm told 60 & days .. I am current .. but for how long ?? I have sold my car .. cut cost in everyway.. My grown kids have been helping me out every month.. I have a job that pays $13.50 hr & commission.. (none for 6mo) My kids can no-longer help..house pmt is $1255. I just need a lower pmt for now.. I'm 60 and looking for a better job...? lets face it my career path is done ! SS is my future... What can I do to speed up the process? What if I fail to pay next month? HELP ... thx j

02-21-2008, 10:45 PM	#12 (permalink)
heck23 Junior Member Join Date: Feb 2008 Location: Arizona Posts: 1 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Never Been Past Due, Will Chase Consider Mod? I haven't heard a clear answer to mattliz04's question. I'm in the same boat - have been paying my mortgage payments in full and on time, but can't do it for much longer. I have tried getting in touch with Chase loss mitigation, but they won't talk to me because I'm not late. I have another loan with Citi and they have sent me a loan mod package to complete before I go late on payments. Is Chase doing anything to help us that want to keep our house and our credit? Thanks!! Last edited by heck23; 02-21-2008 at 10:46 PM.. Reason: wanted to be more clear

02-21-2008, 11:11 PM	#13 (permalink)
Moe Bedard Founder Join Date: Aug 2007 Location: Southern California Posts: 16,887 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Never Been Past Due, Will Chase Consider Mod? Hi Heck23, Welcome to the forum and thank you for joining....... The short answer to your question is yes you can if your interest rate is scheduled to adjust anytime soon....... So could you please, if you don't mind, start your own thread under the "tell us your story" section of the forum and be more specific to your situation........ What state are you in? What is the interest rate now, what is it going to adjust to? You indicated two loans, what are the current loan amounts and the value of the house now? Thank you. __________________ Moe Bedard Founder LoanSafe.org "America's #1 Home Loan Forum" LoanWorkout.org "America's # Loan Modification Blog" Get My FREE Loan Modification E-Book \| Please donate to LoanSafe.org \| Loan Modification Training For Attorneys \| Rate Your Mortgage Servicer 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.

02-22-2008, 10:41 PM	#14 (permalink)
jules60 Member Join Date: Jan 2008 Location: Sacramento,ca Posts: 16 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Never Been Past Due, Will Chase Consider Mod? I was in the same boat.. not behind but close.. I finally got threw to loan mid..I expressed how desperate I was & wasnt sure how much more I cld hang on..My info was given (monthly bills) & I was to fax 4 pay stubs.. letter of hardship.. I just explained this was my home, illness, lack of funds,& at this point I had sold my furniture/car & had nothing left for garage sales & to old to get a better job (60) .... It took 45-60 days ..I cld every Monday for up dates.. finally came jan 18th... my 7.5% fixed went to 5% fixed for term.... Now that I look back .. My income was $1900 mo .. bring hm... My new pmt is $918. /old was $1250 Cld it have been because of my age & income..or cld the they smell the FEAR... DESPERATION... What ever it was THX Chase.. PLEASE DONT CALL GIVE UP.... THIS IS UR HOME... JUST HANG ON ...KEEP CALLING... good luck.. jules

02-22-2008, 10:52 PM	#15 (permalink)
Mary Salzer Guest Posts: n/a	Re: Never Been Past Due, Will Chase Consider Mod? Jules.....start a new thread and let everyone know that you MADE IT!!!!! CONGRATULATIONS !!!!!!!! Give your self a big round of applause!!!!! In the new thread let us know all of the details.....

02-22-2008, 11:24 PM	#16 (permalink)
Moe Bedard Founder Join Date: Aug 2007 Location: Southern California Posts: 16,887 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Never Been Past Due, Will Chase Consider Mod? In the success forum...... __________________ Moe Bedard Founder LoanSafe.org "America's #1 Home Loan Forum" LoanWorkout.org "America's # Loan Modification Blog" Get My FREE Loan Modification E-Book \| Please donate to LoanSafe.org \| Loan Modification Training For Attorneys \| Rate Your Mortgage Servicer 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.

02-23-2008, 05:32 AM	#17 (permalink)
mreedlaw Senior Member Join Date: Jan 2008 Location: Frederick, MD Posts: 224 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Never Been Past Due, Will Chase Consider Mod? Jules - Good morning and congratulations...Have a wonderful weekend, Michael

07-31-2009, 06:24 AM	#18 (permalink)
Revello Junior Member Join Date: Jul 2009 Posts: 3 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Chase Loan Modification Were you able to get your loan with Chase modified under the Obama' plan? 2% to 3%, 40 yrs amort? I have not heard from anyone who has succeeded.

07-31-2009, 06:26 AM	#19 (permalink)
Revello Junior Member Join Date: Jul 2009 Posts: 3 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Chase Loan Modification Were you able to get your loan with Chase modified under the Obama' plan? 2% to 3%, 40 yrs amort? I have not heard from anyone who has succeeded.

07-31-2009, 06:34 AM	#20 (permalink)
Revello Junior Member Join Date: Jul 2009 Posts: 3 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Never Been Past Due, Will Chase Consider Mod? Was anyone able to get their loan with Chase modified under the Obama' plan? 2% to 3%, 40 yrs amort? I have not heard from anyone who has succeeded.

07-31-2009, 11:16 AM	#21 (permalink)
kgeriak Member Join Date: Jul 2009 Location: Stamford, CT Posts: 28 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Never Been Past Due, Will Chase Consider Mod? I need access to Chase Executive Phone numbers. I was turned down again today for the Chase modification. They stated incomplete application. This is total crap. I have been doing this since April 2009 and they lost the first application because they said it was incomplete - redid the Application again and sent in May. Got a letter today saying they are denying me because of Incomplete Application. They are totally wrong. Please someone have ana executive phone number I can call to get this to work! Thanks

08-10-2009, 01:27 PM	#22 (permalink)
mark_m Junior Member Join Date: Aug 2009 Posts: 1 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Never Been Past Due, Will Chase Consider Mod? I'm in the exact same boat with Chase. I've called every week since June with the excuse that I'm missing some sort of documentation, then when I tell them I've already faxed it they say, "let me see....oh yeah, I see it here". My last status was that it was with a negotiator, when I called today they said they had canceled due to insufficient documentation. I just don't know what the hell is going on over there. I have a record of dates and names of who I talked to every time I called, its all just one huge cluster ****. I don't see how they get anything done with how they are handling these applications. mark

08-11-2009, 07:03 AM	#23 (permalink)
Jazmin66 Junior Member Join Date: Aug 2009 Posts: 3 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Never Been Past Due, Will Chase Consider Mod? Dear Workinlossmit and anybody else that can help... Does Chase formerly WAMU do loan Modification for rental properties? I was just recently informed that they do not. I filed my application back in May 2009. This is a property I lived in from the day I bought it until my divorce. After my divorce I couldn't afford the home anymore so I rented it out at a loss. When I called Chase for an update, they told me that rental properties are not modified at this time. Is that true? Any possibility it may be offered in the near future? I understand that they want to help people keep their homes but this is really my home and I currently live with my parents in order to be able to afford keeping the house. What can I do?

08-11-2009, 08:37 AM	#24 (permalink)
seabell Member Join Date: Aug 2009 Posts: 14 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Never Been Past Due, Will Chase Consider Mod? I'm in the same boat. Never missed a payment in 10 yrs. Now, job (business) income greatly reduced plus on partial unemployment. Will I qualify for modification/ lower payments? On interest only now, and can't afford.

08-11-2009, 05:53 PM	#25 (permalink)
rosebrock Junior Member Join Date: Jun 2009 Posts: 1 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Chase Loan Modification I'll try to be brief. I have a rental that I purchased as a owner occupied, it is a negative arm that is currently at a low interest rate, I will not be able to make the payment once rates go up. My current residence is on a 5 year arm at 6.5%, I'm barely able to make the current payment. I have never been late on any payments. I would like to modify both properties before the rates go up. Which one should I do first or could I do them both at the same time? They are both with chase.

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