Anyone have experience with Amtrust bank

[ddibernardo]

I am in the process of getting everything together for a loan modification.

Anyways my question is if any of you have tried to get a loan modification through Amtrust Bank? Or does anyone work for Amrtrust.

Please Advise.

[Moe Bedard]

Hi ddibernardo,



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

We have not had any members that joined who had Amtrust bank..........however, if you need assistance with a loan modification we offer services.............

just click on the Loan Modification Service in the Homeowner Tool Box to the left of the forum...........

[tampa1]

ddibernardo,

Our first is with Amtrust and they extended our arm for an extra 3 years waived our pp and lowered our rate 1.5% for free. We were current on our first and our loan was set to adjust in twelve months. We called them up and asked for it and we were able to prove we were upside down.

[wgcamp]

I have a client who worked out their 1st mortgage loan with Amtrust. After months of no success, Amtrust mailed out modification papers prior to 1st of July modifying loan. Rate was effectively lowered to 2% for 5 years. I am trying to find out if it was done in accordance with Making Home Affordable program which automatically qualifies the 2nd for modification. Pmt was lowered by $1,500 per month for 36 months.

[kurtkrum]

Who did you deal with at AmTrust for the modification? I have been dealing with someone there and have reached a dead end. Did AmTrust own the note or was this owned by someone else?

[andbrown]

Originally Posted by kurtkrum

Who did you deal with at AmTrust for the modification? I have been dealing with someone there and have reached a dead end. Did AmTrust own the note or was this owned by someone else?

Hi, I'm interested in knowing what you found out. Our mortgage is with AmTrust and they have not been the best to deal with. We are scheduled for foreclosure in 10 days and obviously want it stopped. This year our taxes increased our house payment by about 75%! We bought a new home and until this year we were not taxed on the house just the land...we didn't know. Would at the very least like AmTrust to give us time to try and sell. We haven't made a house payment since 12/08 but we did do forebearance in May, June and July. We were also told that our forebearance payments were unusually high. AmTrust has been terrible to deal with.

Andrea in Texas