Loan company for bad credit

So the whole time I was calling updates, they were updating me ways to get cash fast on the mod I had canceled, while I was under the impression that it as the NHRP mod.

I told him that that was NOT my fault that they did not cancel it from their system. The rep then told me that he would lock me in for the NHRP and quoted me a higher payment than the first quote but I agreed because I need to get a mod and soon. A few days later I get a call letting me know that I was declined and not eligible for ANY program because I am too far behind. The whole time I was calling they kept telling me that I was under review. I feel like they intentionally frustrated all my efforts to modify my loan so that I would fall so far behind and they could then decline me based on that. They postpone modifying you until you reach the point of no return. They want us so far in arrears that they can then decline us for that. What kills me is that I know we are great candidates for a mod because we met all the criteria and my husband has been back to work for almost two years now, even though his income is significantly lower than his pre recession income. Before this crisis, we had a perfect payment history with Countrywide and all our creditors.

We kept our 2nd mortgage with them current throughout this whole time but screw them now. You would think that they would want to grant modifications to those customers with a strong payment history. After all the money they made from us all, now they want our homes too.

Here is a link to the press release: loan company for bad credit Get free mortgage help today. Since 2007, the LoanSafe forums have helped millions of homeowners over the last 13 years either save their homes with a loan modification, obtain a short sale, forbearance, or walk away legally from their underwater mortgages.

Never blogged or followed a blog but found the best information and most honest advice was found here. We have initiated a DIL but in anticipation of denial due to income we are preparing the necessary documents to apply for the HAMP program or a MOD.


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Refi not possible despite great credit (not enough equity) and I am not impressed with what I have read about a modification. I would love to know if Counrtywide messed anything up with our loan and if so.... I read there is a formula for the deficiency judgement using the deficiency amount loan company for bad credit minus your current debts. If your intentions are to walk away from the property it is not the wisest choice to pursue options such as a DIL or loan company for bad credit loan modification because you must provide all of your financial information to qualify. The HAMP program you are referring to stands for the Home Affordable Modification Program and it is a loan modification. Also a refinance is possible for some even if your mortgage is underwater through the but in order to qualify your mortgage loan company for bad credit must be owned by Fannie Mae or Freddie Mac.

Here you can use the two links below to find out more information about both the HAMP and HARP programs. Keep in mind that a refinance and loan modifications are two completely separate options. 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 loan company for bad credit 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 payday loans modesto ca the individual author and may not reflect the opinions of the firm or any individual attorney. Trying DIL first as it has the least (-) impact on credit. Short Sale not possible because we have no buyers and house is listed low. May want to prolong process and resort to foreclosure or bankrupcy if we have to.

Here you may want to check out the first posts in the following Hampster wheel thread as it will good advice on various ways to help prolong the foreclosure process.

Also the 2nd link will show you the differences between a short sale, DIL, and foreclosure and the outcomes of these events.

If loan company for bad credit you are delinquent on payments prior to completing a short sale personal loan unsecured or DIL the affects to your credit rating will be virtually the same as if the property was foreclosed on.

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 I have read the posts but plan to read them again. Am I making a mistake my attempting the DIL or should I just start the MOD process even if I do not plan to do one to extend the time in the house?

Did not know I may not find out their appraised value for up to 90 days. Am I making a mistake my attempting the DIL or should I just start the MOD process even if I do not plan to do one to extend the time in the house? Did not know I may not find out their appraised value for up to 90 long term installment loans online days.

Personally I would not rush to apply for a loan instant online loans no credit check modification since you just stopped making payments last week it can be quite some time before foreclosure proceedings begin. If you apply for a loan mod and they end up making a decision (whether it be an approval or denial) it will not really help prolong foreclosure proceedings as the account will no longer be in review. 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 DIL denied. No calls or letters from BOA about delinquent payments. Going to begin HAMP application as soon as I get the official NO from BOA. Should I wait until I receive something from the bank about foreclosure to apply for the HAMP program? Are there specific phrases I should use as the prompt to begin sending in documents for the mod? Should I wait until I receive something from the bank about foreclosure to apply for the HAMP program? Are there specific phrases I should use as the prompt to begin sending in documents for the mod?

Here you may want to check out the Hampster Wheel thread it has some great strategies to help pay day loans you delay the foreclosure process as long as possible.. 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 Looking for advice....

BOA transferred my 1st to RCS so I now have my 1st with RCS and 2nd with BOA.