http://www.foreclosure-help-center.com/foreclosure-help-blog.html en-us foreclosure help Mon, 17 Jun 2013 13:59:09 -0400 Mon, 17 Jun 2013 13:59:09 -0400 foreclosure-help-center.com http://www.foreclosure-help-center.com/2mp-and-31-dti-test.htmla0fbc4222e3b079d1169df67afc37f98 Under the 2MP program, do the banks take into consideration your new modified 1st mtg payment in order to stay with in the 31% DTI? Mortgage Loan Modification Fri, 28 Oct 2011 05:00:04 -0400 http://www.foreclosure-help-center.com/traditional-modification.htmle74d2a18bbdc63ffa7a4d2db43a87938 Do you have to pay any fees for a traditional mod? Mortgage Loan Modification Answer: The banks do not typically as you to pay a fee to apply for a Fri, 28 Oct 2011 04:14:13 -0400 http://www.foreclosure-help-center.com/do-unemployment-benefits-count-as-income.htmlb51826c3f6e53cfa2c8e8b2ef4547768 Do unemployment payments count as income and are your bank statements proof enough that you were paid the unemployment (automatic deposit)? My bank (B Fri, 28 Oct 2011 03:48:17 -0400 http://www.foreclosure-help-center.com/foreclosure-stopped-while-being-considered-for-loan-modification.html03c55d95cf5ee87febb8125e234b0c17 Point #13 above states that if a foreclosure is in process, it is stopped during the trial period or while alternative options are being considered. Fri, 28 Oct 2011 02:51:44 -0400 http://www.foreclosure-help-center.com/will-my-credit-be-affected-by-trial-loan-modification-period.html533786f9b703cd1eca2b7cd5730904dc Will my credit be affected during my 3 month trial period for HAMP? My mortgage company just approved me verbally over the phone for a 3 month trial Fri, 28 Oct 2011 01:52:26 -0400 http://www.foreclosure-help-center.com/received-approval-then-next-day-denial.html1ea1535a521affc43eb2f2162bad6fd7 I went into foreclosure then immediately started the loan modification process. After about 2 months of faxing all needed paperwork I received a letter Wed, 26 Oct 2011 03:32:44 -0400 http://www.foreclosure-help-center.com/i-applied-for-a-hamp-loan-modification-but-did-not-accept-the-terms.html15ba5416144a0703e5cae0e2176866d3 We applied for a modification in March of 2009. We were given a 3 month trial offer 9 months later, (that I am assuming was the HAMP Loan Modification Wed, 26 Oct 2011 03:25:40 -0400 http://www.foreclosure-help-center.com/reapply-for-hamp.html926185a17a0b93cd3fef0bddba7c627e My mortgage co Saxon offerred me the Hamp program to save my home. When they sent me new loan documents my trial payments was more than the original and Wed, 26 Oct 2011 03:10:43 -0400 http://www.foreclosure-help-center.com/being-denied-a-modification-stating-it-was-not-owner-occupied.html63fe141d81fe7e1640e80a215858dfdd In the beginning my property was purchased as a investment. due to the economy I had to make it my primary.In return I contacted IndyMac to request Wed, 26 Oct 2011 03:00:51 -0400 http://www.foreclosure-help-center.com/does-every-condition-for-hamp-have-to-be-met.html88dc6f100ba4c15b320a7d17773bd930Loan Modification Question: I don't qualify for the front end debt ratio but I qualify for the back end debt ratio for HAMP. Mortgage Loan Modification Fri, 21 Oct 2011 23:27:27 -0400 http://www.foreclosure-help-center.com/can-only-one-person-sign-for-a-joint-mortgage-loan-modification.html6639b3738bfa4b81da190734f6c7c16a Hi! In the divorce agreement I quick claim deeded him the house. He had 120 days to refinance. They refused to refinance him, but he did sign a Loan Fri, 21 Oct 2011 22:53:26 -0400 http://www.foreclosure-help-center.com/bank-of-america-wants-money-up-front-as-part-of-loan-modification-approval.html9a45df59dae635ffd511a01467c3a8b9 I was approved for a traditional loan modfication thru B of A. They want $ 6100 up front in certified funds. Is this right ? Can't afford it. Mortgage Fri, 21 Oct 2011 04:42:38 -0400 http://www.foreclosure-help-center.com/three-month-loan-modification-trial-period-whats-next.htmle041b24484480975e88f7552c7c87e77 We have recently been approved for the traditional loan modification program with GMAC. After 5 applications and many phone calls! We were just told Fri, 21 Oct 2011 04:34:51 -0400 http://www.foreclosure-help-center.com/loan-mod-approved-now-bank-tells-us-not-to-make-next-2-payments.htmlff82196fbf92f9f46e30cf23fff1e3feHello, We got a call a few days ago that our traditional loan modification was approved (it took 60 days and we made the regular payments in the interim) Fri, 21 Oct 2011 04:24:16 -0400 http://www.foreclosure-help-center.com/what-can-i-do-if-my-mortgage-company-refused-to-allow-me-to-apply-for-hamp.htmle2cfca97fecf34ba2d5b3c5e2c60970e What can I do if my mortgage company refused to allow me to apply for the HAMP program(even though I qualified for it)? They refused to offer it to me, Fri, 21 Oct 2011 04:10:17 -0400 http://www.foreclosure-help-center.com/is-there-a-certain-amount-of-money-that-you-need-to-make-on-a-monthly-basis-to-qualify-for-a-loan-modification.htmla8d19a98fae73e8e31a967c6e8ef8ada Is there a certain amount of money that you need to make on a monthly basis to qualify for a Loan Modification? Mortgage Loan Modification Answer: Fri, 21 Oct 2011 03:55:55 -0400 http://www.foreclosure-help-center.com/can-a-mortgage-company-stop-taking-your-monthly-payments-and-say-that-you-were-behind-then-throw-you-into-foreclosure1.htmld465c5894b60d5bfea04644530bf3e40 Can a mortgage company stop taking your monthly payments and say that you were behind when you weren't, throw you into foreclosure and let your payments Fri, 21 Oct 2011 03:38:40 -0400 http://www.foreclosure-help-center.com/unemployment-hardship-for-loan-modification-with-bank-of-america.htmlcb9d157d08115b22ffe2c71a186b83fd BOA said I do not qualify for a 3 month forbearance on my mortgage loan. I am 3 days late to even apply. My husband's Unemployment insurance just ended. Thu, 29 Sep 2011 15:14:50 -0400 http://www.foreclosure-help-center.com/counseling-with-hope.html7bd3b5fdd4b408853cc5a3db5a7d2893 Thought I was under a HAMP trial period. Just got a letter saying with my current level of Debt I have to work with a HOPE counselor and the letter also Thu, 29 Sep 2011 02:47:23 -0400 http://www.foreclosure-help-center.com/in-foreclosure-while-making-trial-modification-payments.htmlc2e4ecb0f4750316a44a17634724597a Our loan is with B OF A- after 3 years of going through their process of losing our paperwork and having to start process all over which for us was over Thu, 29 Sep 2011 02:34:30 -0400 http://www.foreclosure-help-center.com/2nd-mortgage-modification.html11956b923364d7b0034dc38163d2ae2bI have had my first mortgage modified since April 2011 from Citi. Getting Chase to respond to 2mp is impossible. What can I do? Mortgage Loan Modification Thu, 29 Sep 2011 02:20:47 -0400 http://www.foreclosure-help-center.com/charge-off-wells-fargo-2nd-mortgage.htmlb1b17114c12f088b2df7f195c2f9be4e Anyone have a second mortgage charged off by Wells Fargo? Mortgage Loan Modification Answer: I have heard of Wells Fargo settling for cents on the Thu, 29 Sep 2011 02:09:16 -0400 http://www.foreclosure-help-center.com/Credit-Repair-After-Foreclosure.htmla020638abb33893b025b401dfd56e73cCredit repair after foreclosure is vital, and the good news is it's fairly easy to get started. Things you can do immediately to get back on track are easier than you think. Thu, 22 Sep 2011 02:04:21 -0400 http://www.foreclosure-help-center.com/hamp-loan-modification-denied-under-investor-guidelines.htmle05bbeb07c9457140835eb49c21212d8I have a loan under ASC and I think owned by Wells Fargo. I was told that I did not get approved because I even though they extended my 5yr interest Only Wed, 21 Sep 2011 21:30:57 -0400 http://www.foreclosure-help-center.com/how-to-apply-for-a-hamp-loan-modification.htmld0b439d9d10b561301f0e3344f18ba3bHOW DO I APPLY FOR A HAMP MODIFICATION LOAN AND WITH WHOM? Mortgage Loan Modification Answer: You can apply for a HAMP loan modification 2 ways: 1. Wed, 21 Sep 2011 21:30:21 -0400 http://www.foreclosure-help-center.com/in-3-month-trial-period-now-fourth-month-and-gmac-says-dont-make-anymore-payments.html7ca313ba70e513b03e64129f6e84ae37This is my second time going through the loan modification program. The first time,they denied me saying I didn't send in the correct papers when I did, Wed, 21 Sep 2011 02:56:04 -0400 http://www.foreclosure-help-center.com/upon-first-sign-of-trouble-making-full-mortgage-payments-i-applied-for-loan-mod-with-hud-approved-advisor.html7eaa659d0226bb53cb6804d7734f1711My question is this: I started my first attempt to modify my mortgage, as recommended by Fannie Mae, with a Hud approved advisor when my fiance moved Wed, 21 Sep 2011 02:49:51 -0400 http://www.foreclosure-help-center.com/traditional-loan-modification1.htmla634b5f6bd042b0970a6493bb9889371My property is now in preforeclosure. I applied for the HAMP program and was denied by my bank. They told me today they are reviewing my file for a traditional Wed, 21 Sep 2011 02:45:37 -0400 http://www.foreclosure-help-center.com/completion-of-loan-modification-trial-period.html283bae8b801f3de3cb92749ab1eaccf6AFTER THE TRIAL PERIOD AND ALL THREE PAYMENTS ARE COMPLETE - WHAT OTHER DOCUMENTS ARE NEEDED FOR FINALIZATION AND PERMANENT LOAN MODIFICATION ??? Mortgage Wed, 21 Sep 2011 02:25:37 -0400 http://www.foreclosure-help-center.com/if-you-are-in-foreclosure-and-are-paying-on-other-land-will-you-lose-that-too.html769172e070df189dcbba6904c776a3b2If you are in foreclosure and are paying on other land will you lose that too??? Mortgage Loan Modification Answer: If you are in foreclosure with one Wed, 21 Sep 2011 02:18:26 -0400 http://www.foreclosure-help-center.com/2nd-mortgage-foreclosure.html7b5ae09d4168addb5839c4e32b7e863fWhat options do I have when my 1st mortgage was modified, but the same bank foreclosed on my 2nd mortgage? I have plenty of equity in my home and could Wed, 21 Sep 2011 02:08:20 -0400 http://www.foreclosure-help-center.com/do-we-really-need-to-be-destitute-and-in-default-to-be-approved-for-a-mortgage-loan-modification.html0aac5b81d80375b0be79d917245a5750 You have stated earlier that they will look at accounts that are in default, but if you're still making mortgage payments on time, they will essentially Thu, 21 Apr 2011 02:25:15 -0400 http://www.foreclosure-help-center.com/second-modification-on-existing-hamp-we-received-notice-to-foreclose-we-are-2-months-behind-in-payments.html961f36abedcaff282e784972d686c531 We are 2 months behind on our HAMP approved mortgage due to loss of employment December 2010. We are not making our expenses. We are not eligible for Thu, 21 Apr 2011 01:57:53 -0400 http://www.foreclosure-help-center.com/hamp-trial-payments.html3913d5f2bba52cc1818be25635124588 We just made our second Hamp trial payment and they said we are being reviewed for our permanent modification and will know in 10 days. I thought all Wed, 26 Jan 2011 12:57:57 -0500 http://www.foreclosure-help-center.com/preforeclosure-help.html9179c2caf5af3af18230bed2d57ce429 What about Quit Claim form? What does that actually mean? I'm asking because i tried everything i could to do the loan modification myself since my ex Wed, 26 Jan 2011 12:50:21 -0500 http://www.foreclosure-help-center.com/loan-oigination-date-before-01012009.html2254b420d1ec61456d35437754b2dc7b If the loans (first and second mortgages) were originated on 12/02/2008(application taken and signed by loan officer)but the loan with BofA has a date Wed, 26 Jan 2011 12:40:30 -0500 http://www.foreclosure-help-center.com/traditional-modification-with-citimortgage.html917b3b926283ee950942025b0afcf428Knowing that my loan balance was higher than the maximum for the HAMP loan modification program, I applied with Citimortgage for a traditional loan modification. Wed, 26 Jan 2011 12:30:12 -0500 http://www.foreclosure-help-center.com/loan-modification-success-stories.html0ad7ca8e3c95f74cb5075269eae6d44bAlthough loan modification success stories seem far fewer than the loan modification nightmares found online, we've putogether a collection of successful loan modification results below to serve as inspiration and hope for those who are presently in the process of getting their loans modified. Mon, 17 Jan 2011 02:15:16 -0500 http://www.foreclosure-help-center.com/preapproval-for-vahamp-loan-modification.html445b4633ffae9a46e3274f25d13c8daf I was pre-approved for a VA HAMP loan modification by BOA. What does this pre-approval suggest? Thanks! Mortgage Loan Modification Answer: Congratulations Tue, 11 Jan 2011 01:44:24 -0500 http://www.foreclosure-help-center.com/how-do-they-calculate-gross-income-for-retired-borrowers-on-a-loan-modification.htmla0d47ff44cba602a18b8ad98b11acdc1 How do they figure gross income for a loan modification for retired people? Mortgage Loan Modification Answer: For loan modification purposes, gross Thu, 6 Jan 2011 19:18:04 -0500 http://www.foreclosure-help-center.com/loan-modification-trial-period-with-bank-of-america.html3b852d51b9b4974924d4044fc511d124 I am $33,000. behind in payments and fees. I have a sale date 1-20-2011. Underwriter did approve me for loan modification trial period. Loan is with Thu, 6 Jan 2011 19:00:55 -0500 http://www.foreclosure-help-center.com/is-there-an-application-process-for-2mp-loan-modification.htmlc57b718428ba255f55efcafbc2aebed8 I was told by the Executive Response Unit and also the Department that handles the 2MP that I need to give citi time to 'implement' the new October 2010 Wed, 29 Dec 2010 11:41:22 -0500 http://www.foreclosure-help-center.com/on-three-month-loan-modification-trial-period-payment-and-stopped-on-fourth-month.html249f910ec53fbdf5bb012652e8fe7835 I DID THE THREE MONTH TRIAL PERIOD PAYMENT ON THE FOURTH MONTH I DID NOT PAY WHAT WILL HAPPEN NOW? Mortgage Loan Modification Answer: My question Wed, 15 Dec 2010 04:17:01 -0500 http://www.foreclosure-help-center.com/loan-modification-question-about-pnc.html201a172e5770b31ee45673d5ddd4eba7 My auction date is 1/5/10- been thru the process for 16 months. To no avail of saving home, been fighting a rough fight and basically I am down to the Sun, 5 Dec 2010 01:21:16 -0500 http://www.foreclosure-help-center.com/three-year-foreclosure.html7353b89a8a3f45320eeaf319941b5175 When my husband lost his business and became ill shortly after, I also lost my job. This was 4 plus years ago. We maxed our credit cards to pay our mortgage Sat, 27 Nov 2010 16:36:28 -0500 http://www.foreclosure-help-center.com/already-nearly-3-months-behind-in-payments-but-hamp-modification-just-got-approved.html157fdcbc247d9c050e0424bb4842b33c I was just informed that I qualify for modification at 2 1/2 percent which would decrease my payments from $1260 to $926. Will I also have to pay up Fri, 26 Nov 2010 20:00:06 -0500 http://www.foreclosure-help-center.com/4-people-on-loan-2-want-a-loan-modification.htmlc48be715c9d0e9d4d3af6114662f2c5c Hello, My sister & her husband, and me and my husband are all on the note and title for a loan. Sister and husband are the primary borrowers and occupy Wed, 24 Nov 2010 16:41:26 -0500 http://www.foreclosure-help-center.com/for-a-citimortgage-fannie-mae-traditional-loan-modification-does-the-loan-need-to-have-been-originated-before-january-1-2009.html5c4c2a8236ec54fd4fd9702036e710b7 I purchased my home in October, 2008. In April, 2009, I refinanced my loan. In November, 2009 I lost my job and applied for a modification. My loan Wed, 24 Nov 2010 12:28:17 -0500 http://www.foreclosure-help-center.com/traditional-loan-modifications-on-rental-properties.html8524b4f1dec35fda4fab5a18c7ad3613 Can a person apply for a Traditional Loan Modification if the property being modified is currently being rented? Mortgage Modification Answer: Yes, Tue, 23 Nov 2010 17:28:39 -0500 http://www.foreclosure-help-center.com/on-trial-basis-with-hamp-and-now-getting-laid-off.html3aec1f82deba13b584e6540f801d1d69 I am in my first month with HAMP mortgage trial period and it looks like I will be getting laid off from my job. Since my salary will drop quite a bit Mon, 22 Nov 2010 23:21:25 -0500