Traditional Modification with Citimortgage
(Santa Rosa CA)
Knowing that my loan balance was higher than the maximum for the HAMP loan modification program, I applied with Citimortgage for a "traditional loan modification". After several months of providing documentation and talking with several Citimortgage "loss migitation" reps, I called and they said I was declined for the HAMP loan modification as well as declined for the "supplemental loan modification". This was news to me since I had applied for the traditional loan modificaiton. I had never even heard of the "supplemental" loan modification. Now I'm 2 months into my Notice of Default's 90 day period before they file the Notice of Trustee's Sale Date and I'm getting nervous. The loss mitigation rep said he'd re-apply me for the "traditional loan modification" program, which is the one I was applying for originally and I was very clear with everyone I spoke to that this was the program I had applied for. I have 2 questions. #1. Is anyone aware of an upcoming loan modificaiton seminar put on by Citimortgage? This seems to be the way to really get the process going quickly, since you're in front of the people. I did this with Wells Fargo and was approved for modifications on rental property loans. #2. Does anyone have a direct phone number and name of someone at Citimortgage who helped them get their loan modified? The other thing I found out with doing the loan modificiations is that it helps to have one person who you can call directly, instead on going through a multitude of people who are just answering the phone and often giving you wrong information.