Browse all discussion posts based on their category
Discussion Categories
Can't find the Answer you were looking for? 
  
Question
1358 page views
advice on a remodification of home loan
  • Reviews
    0 Reviews
  • Answers
    1 Answer

2/8/2010 8:07 PM (PST)

I'm thinking about a remodification for my home. I'm not in foreclosure at this time and still keep up with my payments. I heard you can do a re-mod and claim hardship. I have been out of full time employement for a year and would like to use this hardship to lower my payments. I came across Friendly Financial services which is foreclosure consultants. No fee is charge except for $1695.00 for the lawyer fee. Yo can do financing of 1/2 30 days and the other 1/2 the next 30 days. They gave me an estimate of what my saving per month would be. Company has a B rating and 3 comments about their business. ONe good, two not so good. And advice? Would the best thing to do is good back to my lender to see about a remodification or use a HUD to advice? I hear to use a non-profit ( according to scams article) that will not charge any fees.
Advice is greatly appreciated.
Cheryl

» Send Kudo  |  » Private Message  |  » Mark as Spam
 
Replies: 1
  • Reviews
    0 Reviews
  • Answers
    1 Answer

2/9/2010 1:18 PM (PST)

Thanks so much Bill.

I didn't know that even though, the consuler said that I was qualified to get the modification, I didn't know that it was not guaranteed! And to ask for the lawyer fee ( half now, half later) set my flags up. And I DID NOT know that it could be adjusted after I find enployment. And then be responsible for that at the end of the loan. WOW! I did find the article on Scams concerning this quite information whick lead me to ask and expert. ( I am not)
I appreciate all your advice!!
cheryl

» Send Kudo  |  » Private Message   Is this helpful? (1)   (0)
Page Top ↑
What's your opinion?
Enter Your Reply
  You must register or sign in to your user account before posting on Ask The Community.
 
 
© Copyright 2017 TrustLink All Rights Reserved.