Fast Pace asked:


I want to modify my loan since it upside down and I believe I had a predatory loan. I have to do it over the phone since they do not have an office in Vegas anymore, just people in India. What is the advantages and disadvantages. The supposed loan expert charges up to $3500.
I put the 20% dowen but still have a rate of 6.25 my credit score was about 700 at time and the houses around were selled for much less

Matthew

Kelvin le asked:


What do I need for loan modification ?
Can I call my bank and apply?
Do I need to pay ?
Thank you very much for your help

Mildred

thatartistwin asked:


Because that is exactly what his plan calls for. Buying a loan that is not worth the same today as it was then is a bad investment and costs money. Where do you think that money will come from? US!

Ronnie

bean_c129824 asked:


Ive read a post somewhere that this lender offered the homeowner loan modification after he filed bankruptcy and the house was included !!

Angela

RICKYLEE P asked:


in ten years i think that they will (houses in syd)double in price and we will enjoy those of you that have houses a great proffit think about your parents.My family house was 11000 now 48000.How will a working couple buy a house?please send opionion to my link….There is still hope

Christine

Zardoz asked:


We’re 9.1 trillion dollars in debt, did Bush just print more money?

Ryan

olderseascout asked:


What is the criteria to getting a Farm & Home Loan?

Jeanne

BigJoe asked:


I had a shortterm financial problem and my loan payments got behind. I can’t seem to get any interest from buyers, house is in the low price bracket but in good order, trouble is there is plenty around the area to choose from. I don’t want to sell but will face a longer term problel financially if I can’t lower the payments on one or both mortgages.
If I can’t negotiate a loan modification what chance would I have with a Deed in Lieu?
If I can’t talk the 1st lender into any form of modification l

Phyllis

dizniac asked:


Escrow was scheduled to close on 04/15/08. As of today, it hasn’t. On the 15th, we received a phone call from Countrywide at 7 PM, stating that my wife & I needed to have an account showing 5% of the purchase price. Has anyone ever heard of this happening on the day that escrow is scheduled to close? Isn’t this particular request something that should have been brought to our attention prior to escrow starting?

Jennifer

SoundSystem asked:


Generally speaking, who qualifies for a loan modification?

Ellen