ING DIRECT loan modification???? - Loan Modification Forum

Philangr8 · 03-16-2009, 10:39 AM

I would like to know if anybody has success story with ING Direct for loan modification? I know they have loan modification program because I spoke with someone and he said yes. He even gave me the number for Home retention people that I can speak to.

I would like to do speak to Ing Direct and do the loan modification myself to safe money but I need advices before I talk to them.

Moe Bedard · 03-16-2009, 10:45 AM

We have not had a success story posted with ING on the forum...........we do a couple of other members working with them.

Bruinfever · 03-17-2009, 11:54 AM

I have been lurking the forums here for some time to see any specific information about ING but it seems like I'm alone in the waters here....I am in the process of modifying my loan with ING Direct, though I couldn't let you know about my process because its been two months and the person who is in charge of my review has only responded TWICE to repeated emails and voice messages they have left. My home has a market value of $375,000 and I owe $600,000 on my loan, so you would think they would be eager to help resolve the situation but that doesn't seem to be the case.......

Philangr8 · 03-17-2009, 01:00 PM

Whow, yes my loan is around $490,000 but our house is probably market value at most $400,000 which is not bad since we down 25%. I spoke to them once but the person that we spoke to said they can reduce the monthly to $2400 from $2950 if we qualified after we send in the paperwork. He also said something about it's a 5 years plan. I have the number to the home retention department that he gave me. It's 888-464-6118. Maybe you can try to talk to someone there. Let me know how it goes.

Philangr8 · 03-18-2009, 09:36 AM

How can you re-finance now-a-days when the price of your house is worth less that what you owed?

Moe Bedard · 03-18-2009, 11:07 AM

If the investor is participating in the H4H FHA Hope for Homeowners.....that is one option.......but if there is also a second lien on the property...........it becomes more difficult.

Philangr8 · 03-18-2009, 01:20 PM

Thank you, I will check out H4H and le tyo know. I don't have a 2nd lien on the property. I only owe 1 house!

Moe Bedard · 03-18-2009, 02:00 PM

Here is a link to the info for that program and also there is a side bar to participating FHA approved lenders...........
HOPE for Homeowners

03-16-2009, 10:39 AM	#1 (permalink)
Philangr8 Junior Member Join Date: Mar 2009 Posts: 4 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	ING DIRECT loan modification???? I would like to know if anybody has success story with ING Direct for loan modification? I know they have loan modification program because I spoke with someone and he said yes. He even gave me the number for Home retention people that I can speak to. I would like to do speak to Ing Direct and do the loan modification myself to safe money but I need advices before I talk to them.

03-16-2009, 10:45 AM	#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: ING DIRECT loan modification???? We have not had a success story posted with ING on the forum...........we do a couple of other members working with them. __________________ 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.

03-17-2009, 11:54 AM	#3 (permalink)
Bruinfever Junior Member Join Date: Mar 2009 Posts: 1 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: ING DIRECT loan modification???? I have been lurking the forums here for some time to see any specific information about ING but it seems like I'm alone in the waters here....I am in the process of modifying my loan with ING Direct, though I couldn't let you know about my process because its been two months and the person who is in charge of my review has only responded TWICE to repeated emails and voice messages they have left. My home has a market value of $375,000 and I owe $600,000 on my loan, so you would think they would be eager to help resolve the situation but that doesn't seem to be the case.......

03-17-2009, 01:00 PM	#4 (permalink)
Philangr8 Junior Member Join Date: Mar 2009 Posts: 4 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: ING DIRECT loan modification???? Whow, yes my loan is around $490,000 but our house is probably market value at most $400,000 which is not bad since we down 25%. I spoke to them once but the person that we spoke to said they can reduce the monthly to $2400 from $2950 if we qualified after we send in the paperwork. He also said something about it's a 5 years plan. I have the number to the home retention department that he gave me. It's 888-464-6118. Maybe you can try to talk to someone there. Let me know how it goes.

03-18-2009, 09:36 AM	#5 (permalink)
Philangr8 Junior Member Join Date: Mar 2009 Posts: 4 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Loan Modification Lender Sought Me Out-Fishy? How can you re-finance now-a-days when the price of your house is worth less that what you owed?

03-18-2009, 11:07 AM	#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: ING DIRECT loan modification???? If the investor is participating in the H4H FHA Hope for Homeowners.....that is one option.......but if there is also a second lien on the property...........it becomes more difficult. __________________ 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.

03-18-2009, 01:20 PM	#7 (permalink)
Philangr8 Junior Member Join Date: Mar 2009 Posts: 4 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: ING DIRECT loan modification???? Thank you, I will check out H4H and le tyo know. I don't have a 2nd lien on the property. I only owe 1 house!

03-18-2009, 02:00 PM	#8 (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: ING DIRECT loan modification???? Here is a link to the info for that program and also there is a side bar to participating FHA approved lenders........... HOPE for Homeowners __________________ 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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