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Loan Modification Ques.?

Posted By Message

teacherwheart
LIF Infant

Member since 3/06

347 total posts

Name:
Tara

Loan Modification Ques.?

So we are using a company to do a mod. for us that was rec.. We have a legitimate hardship and are barely making it. The mod. company met with us today and feels we can get it modified but they charge 1% of our loan. It will be about $4000. Even if they only save us 200 a month in less than 2 years it would be worth it. Its still a steep price to pay. Should we do it? I tried on my own and it was a no go. Ughh not sure should we do it, agian they are legit and have helped people we know.

Message edited 4/14/2009 3:09:22 PM.

Posted 4/14/09 3:06 PM
 
Prudential Douglas Elliman Real Estate
Long Island's Largest Bridal Resource
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Beth
The Key to your new home....

Member since 2/06

24849 total posts

Name:
Beth

Re: Loan Modification Ques.?

you have FM!

Posted 4/14/09 3:34 PM
 
 

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