Loan Modification with new HASP after Hope Now modification - Loan Modification Forum

aashaddy1 · 03-06-2009, 12:26 PM

The question I have is; after a surprisingly successful loan modification under the Hope Now plan last September (not late on payments, just needed to freeze ARM interest), my husband now brings home around 600 dollars less a month. We are still not late on any payments, but our mortgage payment is way too high (8.65 % interest). Does anyone know if we can do another modification to reduce the interest rate on our loan and make our payments more affordable?

Moe Bedard · 03-06-2009, 03:01 PM

Hi aashaddy1,

Welcome to the forum and thank you for joining...........

You would need to contact the servicer you worked with and ask..........

Who is the lender?

03-06-2009, 12:26 PM	#1 (permalink)
aashaddy1 Junior Member Join Date: Mar 2009 Posts: 1 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Loan Modification with new HASP after Hope Now modification The question I have is; after a surprisingly successful loan modification under the Hope Now plan last September (not late on payments, just needed to freeze ARM interest), my husband now brings home around 600 dollars less a month. We are still not late on any payments, but our mortgage payment is way too high (8.65 % interest). Does anyone know if we can do another modification to reduce the interest rate on our loan and make our payments more affordable?

03-06-2009, 03:01 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: Loan Modification with new HASP after Hope Now modification Hi aashaddy1, Welcome to the forum and thank you for joining........... You would need to contact the servicer you worked with and ask.......... Who is the lender? __________________ 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.

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