How do I get my 2nd modified?

[rpmdpm]

So I just signed my loan modification docs! Yahoo! Thanks to everyone that helped! Now that my first has been modified will they automatically contact me about modifying my second (both are with Chase)? The terms of my first modification are:.
Extend my term to 2045 was 2037
Interest rate stays 6.75%
Principle forbearance of 91,000 that will be forgiven in increments over 3 years. Our principle will be 379,000 (was 469,000).
Payments lowered by 1000/month

We owe 38,000 on our second also with Chase. Interest rate at 8% and we have 10 more years to pay.

Anyone have experience with Chase modifying both mortgages? What were the terms? Did they contact you?
Ive read through the thread on here about getting your 2nd modified but I'm current on my payments and don't want to have to stop paying to get noticed. I was always current on my first as well. Also I was told my first modification would be voided if I missed any payments...does this include not paying on my second mortgage?

Thank you!

[rpmdpm]

Forgot to add that this was an in house modification!

[unhappybofacustomer]

Hi rpmdpm - congrats on getting the first modified! My take on everything that I have read and experienced is that with an in-home modification on a first, the bank is not required to do anything with the second.

[Cat Damiano]

So I just signed my loan modification docs! Yahoo! Thanks to everyone that helped! Now that my first has been modified will they automatically contact me about modifying my second (both are with Chase)? The terms of my first modification are:.
Extend my term to 2045 was 2037
Interest rate stays 6.75%
Principle forbearance of 91,000 that will be forgiven in increments over 3 years. Our principle will be 379,000 (was 469,000).
Payments lowered by 1000/month

We owe 38,000 on our second also with Chase. Interest rate at 8% and we have 10 more years to pay.

Anyone have experience with Chase modifying both mortgages? What were the terms? Did they contact you?
Ive read through the thread on here about getting your 2nd modified but I'm current on my payments and don't want to have to stop paying to get noticed. I was always current on my first as well. Also I was told my first modification would be voided if I missed any payments...does this include not paying on my second mortgage?

Thank you!

In order to see what type of program would be available for your second lien, you would need to contact the department number that is listed on your statements for the second and they should be able to see if you qualify for a workout on that lien.