Cat,
...are you sitting down?
No, really!....are you sitting down?
3% fixed for 40 years - Principal and Interest
payment stays the same..well about $14.00 more per month, but I was only paying minimum on a NEG AM LOAN!!!!
and I have to make Sept 1st payment as scheduled and then new PRINCIPAL AND INTEREST PAYMENT starts with my Oct 1st payment....
I will need to pay $500 in TOTAL cost....
WOW!
Neil Marchin came through.....and Cat.....he asked me why I didn't call him back...I told him I didn't want to bug him....he said that his boss JENNIFER HICKEY said she got 3 messages from me asking about the loan mod.....now, you and I both know that I must have a GUARDIAN ANGEL looking out for me that must have made those calls!!!!!
I cannot believe this is really happening!
Niel said I can expect the paperwork in about a week.....I am a teacher and thought I was going to have to start the new school year with this monkey on my back...I even was preparing myself for the nightmare continuing well into the holiday season!!!!!
Cat, Moe, and everyone out there.....please know that I am forever grateful!!!!
I didn't even know what a loan mod was....my neighbor told me about it a week or so ago...the same day I first contacted
CW....I wasn't even aware how BIG this mortgage problem even was....how drastically (understatement to the MAX) this nightmare has effected the entire nation!
With that said, Cat, I will keep you posted on the paperwork situation....and document it until I am done....I will continue to read and comment on this forum.
God Bless you and everyone associated with LoanSafe.org
please transfer my thread to "COUNTRYWIDE SUCCESS" in less than a week!
Eternally grateful,
Donna
Re: ...modify current PayOption to new "Payment Advantage 5/1 ARM"???