Litton Success story - Loan Modification Forum

yazzinfl · 01-29-2009, 02:32 PM

I have been reading this website for the last 5 months. I started doing research because due to a near fatal rollover accident my husband I were in and subsequent layoffs from our jobs we were getting by on a wing and a prayer but at 1 point fell 2 months behind in our mortage

Well today , I got my approval from Litton. Amounts past due atc were rolled back into the mortgage and these are the new terms.
30yr
4.26 interest rate
1st payment not due Until March 1st

PITI 1804.69 per month

This is a $466.88 savings per month.

THank you Loan safe for all the helpful info on this website.

Moe Bedard · 01-29-2009, 02:52 PM

Congratulations yazzinfl..................

Have you received and signed your docs yet?

yazzinfl · 01-29-2009, 07:28 PM

I was told that they would be sent to us shortly.I'll let you all know if what is in the docs is actually what they told me. FYI this is our 2nd modification on the same loan. I really didn't think they would even consider another as the original one was efc Dec 2007. We made 1 payment and then we were in the accident. I suppose it was a blessing in disguise as they interest rate on the 1st mod was at 8% from 9.3%

3cuttings · 01-30-2009, 08:33 AM

How long did it take to get the approval from Litton?

Thx,
Lisa

yazzinfl · 01-30-2009, 01:54 PM

I sent the paper work ( hardship ltr etc)on November 14, so just about 2 months. BTW, the investor group that Litton was servicing for was C-Bass

gelaya · 02-19-2009, 01:35 PM

Congrats on your mod! I am in the process of trying to get a loan mod from litton. I sent my paperwork in on Dec.11 and as of right now I am being told that it is still under review. I was wondering did you call them everyday to check the progress or what steps did you take any steps to get them moving faster?

baileys dad · 02-25-2009, 12:02 AM

hello yazzinfla,
I too am working with Litton. Was your new loan within the 38% debt to income ratio?
Again congrats on your modification!!!
Rob

01-29-2009, 02:32 PM	#1 (permalink)
yazzinfl Junior Member Join Date: Jan 2009 Posts: 3 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Litton Success story I have been reading this website for the last 5 months. I started doing research because due to a near fatal rollover accident my husband I were in and subsequent layoffs from our jobs we were getting by on a wing and a prayer but at 1 point fell 2 months behind in our mortage Well today , I got my approval from Litton. Amounts past due atc were rolled back into the mortgage and these are the new terms. 30yr 4.26 interest rate 1st payment not due Until March 1st PITI 1804.69 per month This is a $466.88 savings per month. THank you Loan safe for all the helpful info on this website.

01-29-2009, 02:52 PM	#2 (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: Litton Success story Congratulations yazzinfl.................. Have you received and signed your docs yet? __________________ 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.

01-29-2009, 07:28 PM	#3 (permalink)
yazzinfl Junior Member Join Date: Jan 2009 Posts: 3 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Litton Success story I was told that they would be sent to us shortly.I'll let you all know if what is in the docs is actually what they told me. FYI this is our 2nd modification on the same loan. I really didn't think they would even consider another as the original one was efc Dec 2007. We made 1 payment and then we were in the accident. I suppose it was a blessing in disguise as they interest rate on the 1st mod was at 8% from 9.3%

01-30-2009, 08:33 AM	#4 (permalink)
3cuttings Member Join Date: Nov 2008 Posts: 20 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Litton Success story How long did it take to get the approval from Litton? Thx, Lisa

01-30-2009, 01:54 PM	#5 (permalink)
yazzinfl Junior Member Join Date: Jan 2009 Posts: 3 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Litton Success story I sent the paper work ( hardship ltr etc)on November 14, so just about 2 months. BTW, the investor group that Litton was servicing for was C-Bass

02-19-2009, 01:35 PM	#6 (permalink)
gelaya Member Join Date: Feb 2009 Posts: 18 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Litton Success story Congrats on your mod! I am in the process of trying to get a loan mod from litton. I sent my paperwork in on Dec.11 and as of right now I am being told that it is still under review. I was wondering did you call them everyday to check the progress or what steps did you take any steps to get them moving faster?

02-25-2009, 12:02 AM	#7 (permalink)
baileys dad Senior Member Join Date: Feb 2009 Location: Santa Cruz, Ca!!!! Posts: 263 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Litton Success story hello yazzinfla, I too am working with Litton. Was your new loan within the 38% debt to income ratio? Again congrats on your modification!!! Rob

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