Would like to modify and keep and wonder what kind of income they need to see?
Also does the debt to income ratio include payment to the second.
Stopped making payments in August 2011, but am prepared to start again.
Selfemployed - income is variable.
PNC has had me send 3 chunks of paper and the latest requests income.
at least one of the loans is fannie mae
PITI first - 1225 (owe 160K to PNC - in loss mitigation now)
Second 245 (owe 35K ish to Chase - don't have a direct contact yet)
Estimated home value 125-150K
It's a duplex - will rental income from the other half count?