Loan Modification | Foreclosure Prevention http://premierdebtnw.com Discussion about the success of Home Loan Modification and Avoiding Foreclosure Fri, 17 Apr 2009 19:20:30 +0000 http://wordpress.org/?v=2.7.1 en hourly 1 Where do I find current information about mortgage modification, refinancing, and new mortgage rules? http://premierdebtnw.com/2009/04/where-do-i-find-current-information-about-mortgage-modification-refinancing-and-new-mortgage-rules/ http://premierdebtnw.com/2009/04/where-do-i-find-current-information-about-mortgage-modification-refinancing-and-new-mortgage-rules/#comments Fri, 17 Apr 2009 19:20:30 +0000 admin http://premierdebtnw.com/2009/04/where-do-i-find-current-information-about-mortgage-modification-refinancing-and-new-mortgage-rules/
Carlos asked:


There is a lot of talk about mortgage modifications, refinancing and new mortgage rules, but most info is so basic that everyone just keeps repeating the stuff already known. Can anyone suggest a place with more advanced and very specific articles stating the facts with references back to the primary sources?
]]> http://premierdebtnw.com/2009/04/where-do-i-find-current-information-about-mortgage-modification-refinancing-and-new-mortgage-rules/feed/ Anyone ever do a Mortgage Modification? How was your result? http://premierdebtnw.com/2009/04/anyone-ever-do-a-mortgage-modification-how-was-your-result/ http://premierdebtnw.com/2009/04/anyone-ever-do-a-mortgage-modification-how-was-your-result/#comments Fri, 17 Apr 2009 16:09:57 +0000 admin http://premierdebtnw.com/2009/04/anyone-ever-do-a-mortgage-modification-how-was-your-result/
jinxies asked:


We have a 1st mortgage & equity line of credit (maxed) and about $1500 revolving credit balances each month (not including utilities, food and incidentals) with not enough coming in to support it. Looking for a lender in hopes to refinance the 1st & ELOC with no avail. Thinking of asking our current lender to do a Mortgage Modification but not sure if we will qualify. We need to lower our 1st & ELOC to be able to start paying on the credit cards but it’s a lose, lose situation. My husband is talking bankrupcy…we’ve never been late on any payment but it’s now coming close. We have 2 kids & a beautiful home…I’m scared. I’ve been trying to get a job but no one is calling back. Even with that, what I’ll make will only cover groceries and gas for the month.
]]> http://premierdebtnw.com/2009/04/anyone-ever-do-a-mortgage-modification-how-was-your-result/feed/ What should I include to get the most out of my mortgage modification letter? http://premierdebtnw.com/2009/04/what-should-i-include-to-get-the-most-out-of-my-mortgage-modification-letter/ http://premierdebtnw.com/2009/04/what-should-i-include-to-get-the-most-out-of-my-mortgage-modification-letter/#comments Fri, 17 Apr 2009 12:53:51 +0000 admin http://premierdebtnw.com/2009/04/what-should-i-include-to-get-the-most-out-of-my-mortgage-modification-letter/
MANDY asked:


Like most all Americans we are having trouble making ends meet. My spouse is the bread winner and he is a commision based employee and since sales are down so are the paychecks. I am in the process of filing out a mortgage modification letter and getting all the necessary paperwork but wanted to know if there is anything that is especially important (besides the lower paychecks) that will get us the best results for the modification.
Thanks so much! 2009 has got to be better :) right?
]]> http://premierdebtnw.com/2009/04/what-should-i-include-to-get-the-most-out-of-my-mortgage-modification-letter/feed/ Has anyone been thru the Florida Mortgage Modification Program? What can one expect? http://premierdebtnw.com/2009/04/has-anyone-been-thru-the-florida-mortgage-modification-program-what-can-one-expect/ http://premierdebtnw.com/2009/04/has-anyone-been-thru-the-florida-mortgage-modification-program-what-can-one-expect/#comments Fri, 17 Apr 2009 10:04:16 +0000 admin http://premierdebtnw.com/2009/04/has-anyone-been-thru-the-florida-mortgage-modification-program-what-can-one-expect/
Surely I’m happy.. asked:


Considering Florida Mortgage Modification Program, but fear my expenses maybe too high to qualify.
]]> http://premierdebtnw.com/2009/04/has-anyone-been-thru-the-florida-mortgage-modification-program-what-can-one-expect/feed/ Mortgage modification? http://premierdebtnw.com/2009/04/mortgage-modification-2/ http://premierdebtnw.com/2009/04/mortgage-modification-2/#comments Thu, 16 Apr 2009 23:04:18 +0000 admin http://premierdebtnw.com/2009/04/mortgage-modification-2/
Posh asked:


Could you please help me with my mortgage modification, I need to know if debt to income ratio is a factor in being approved. I also would like to know how much of a reduction the mortgage company can approve. Thank you.
]]> http://premierdebtnw.com/2009/04/mortgage-modification-2/feed/ What mortgage modification company is the best? http://premierdebtnw.com/2009/04/what-mortgage-modification-company-is-the-best/ http://premierdebtnw.com/2009/04/what-mortgage-modification-company-is-the-best/#comments Thu, 16 Apr 2009 10:36:46 +0000 admin http://premierdebtnw.com/2009/04/what-mortgage-modification-company-is-the-best/
mortgage? asked:


I need a mortgage modification company that is ligit….
]]> http://premierdebtnw.com/2009/04/what-mortgage-modification-company-is-the-best/feed/ are bank really accepting to modify loan to current price? http://premierdebtnw.com/2009/03/are-bank-really-accepting-to-modify-loan-to-current-price/ http://premierdebtnw.com/2009/03/are-bank-really-accepting-to-modify-loan-to-current-price/#comments Sat, 21 Mar 2009 19:51:48 +0000 admin http://premierdebtnw.com/2009/03/are-bank-really-accepting-to-modify-loan-to-current-price/
funny asked:


Please folks be honest , i haven’t pay my house for 5 months . one more question how much are realtors charging to do the work? thank you for your attention.
]]> http://premierdebtnw.com/2009/03/are-bank-really-accepting-to-modify-loan-to-current-price/feed/ should i ask the bank to do a short sale/ or modify my loan? http://premierdebtnw.com/2009/03/should-i-ask-the-bank-to-do-a-short-sale-or-modify-my-loan/ http://premierdebtnw.com/2009/03/should-i-ask-the-bank-to-do-a-short-sale-or-modify-my-loan/#comments Sat, 21 Mar 2009 16:24:17 +0000 admin http://premierdebtnw.com/2009/03/should-i-ask-the-bank-to-do-a-short-sale-or-modify-my-loan/
Melissa S asked:


Which one is best to do? wHow will the short sale affect my credit vs a modified loan?
ok, well i have never taken money out. my home was purchased at 448,600.
and is know worth 180,000. i am currently in a fixed interset only loan. in two years its going to ballon, and im not going to pay the morage this month in hopes of getting some help from them.
]]> http://premierdebtnw.com/2009/03/should-i-ask-the-bank-to-do-a-short-sale-or-modify-my-loan/feed/ Can I still modify my loan if I am NOT three months behind as most banks require? http://premierdebtnw.com/2009/03/can-i-still-modify-my-loan-if-i-am-not-three-months-behind-as-most-banks-require/ http://premierdebtnw.com/2009/03/can-i-still-modify-my-loan-if-i-am-not-three-months-behind-as-most-banks-require/#comments Fri, 20 Mar 2009 17:44:34 +0000 admin http://premierdebtnw.com/2009/03/can-i-still-modify-my-loan-if-i-am-not-three-months-behind-as-most-banks-require/
Mark T asked:


I have a home loan with Bank of America will have some trouble once the interest rate adjusts up.
]]> http://premierdebtnw.com/2009/03/can-i-still-modify-my-loan-if-i-am-not-three-months-behind-as-most-banks-require/feed/ When you are getting a home loan modification is it normal for an outside company to take pictures? http://premierdebtnw.com/2009/03/when-you-are-getting-a-home-loan-modification-is-it-normal-for-an-outside-company-to-take-pictures/ http://premierdebtnw.com/2009/03/when-you-are-getting-a-home-loan-modification-is-it-normal-for-an-outside-company-to-take-pictures/#comments Fri, 06 Mar 2009 17:01:54 +0000 admin http://premierdebtnw.com/2009/03/when-you-are-getting-a-home-loan-modification-is-it-normal-for-an-outside-company-to-take-pictures/
jslebod33 asked:


I fell behind in my payments and need to modify or face a possible foreclosure. Someone is coming tomorrow to take pictures–inside and out to help with the evaluation. According to HUD this is normal procedure, but I’m skeptical.
]]> http://premierdebtnw.com/2009/03/when-you-are-getting-a-home-loan-modification-is-it-normal-for-an-outside-company-to-take-pictures/feed/