I bought my house last year 2011 and after one year I get a letter stating that because they did not bill me Mello Roo taxes last year I now have a shortage in escrow. My payments went from 1127 to 1645. They will not work out a repayment plan that is affordable to me. So I have called Wells Fargo to see if I qualify for anything; repayment, modification anything...! Well I have been denied three times. The first time they said that I was over income because the payment still showed 1127 so the agent told me to call next month when they payment was at 1645, so I did. I called and at this poing they denied it saying I was under income that I needed more income. So the third time I had my fiance move in and start giving me 1200 a month...this third time I was denied they said I was still under income and that I had already applied three times and each time I showed that I could not afford to keep this house.
Any suggestions on what to do next? Below is my financial information.
1200 fiances contribution
440 credit cards
After each denial I keep asking if there is anything else to do to keep my home and all the agent keeps saying is to short sale! Each time I apply by just giving them my financial information I get denied within a week by the under writer.