Posted on: 14th Apr, 2010 08:16 pm
we received a mod and resubmitted financials due to a situation change. they took that as a decline. they only reduced payment 300.00.
now we have resubmitted with wells fargo 3 times and have been denied. twice was an error on their part which they agreed. now they are saying we are making too much. i expressed my husband gets straight commission and i sent a profit and loss and 90 days of paystubs. they still evaluated us a 30 day which unfortunately that was one month that we made a bit more. now our hse is in active foreclosure for april 27th and they have denied. they agreed they made another mistake and said they will put this in escalation but cant guarantee an approval.
i am beside myself - and dont know what to do. i am sorry i didnt take the first mod but now i cant go back.
i have never been allowed to speak to the negotiators and the supervisors seem to help but it never gets documented with our conversations. there is alot of errors that they have made and i dont want to lose my home. where do i go from here. i made my expenses lower as the investor who has the loan goldman sachs wouldnt take anyone in a deficit. now that they arent willing to do 90 days average and again took our 30 days we could have raised our expenses (true expenses)
should i send a new financial with more expenses.
i am really upset.
now we have resubmitted with wells fargo 3 times and have been denied. twice was an error on their part which they agreed. now they are saying we are making too much. i expressed my husband gets straight commission and i sent a profit and loss and 90 days of paystubs. they still evaluated us a 30 day which unfortunately that was one month that we made a bit more. now our hse is in active foreclosure for april 27th and they have denied. they agreed they made another mistake and said they will put this in escalation but cant guarantee an approval.
i am beside myself - and dont know what to do. i am sorry i didnt take the first mod but now i cant go back.
i have never been allowed to speak to the negotiators and the supervisors seem to help but it never gets documented with our conversations. there is alot of errors that they have made and i dont want to lose my home. where do i go from here. i made my expenses lower as the investor who has the loan goldman sachs wouldnt take anyone in a deficit. now that they arent willing to do 90 days average and again took our 30 days we could have raised our expenses (true expenses)
should i send a new financial with more expenses.
i am really upset.
As the lender has again escalated the matter, I would suggest you to wait for some time and check out if your request is accepted. You will be able to save the property only if your loan gets modified. You should send new financial documents only if the lender asks for it.