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What to do?

Posted on: 26th Jan, 2010 06:04 am
We were just denied our loan modification this past weekend. They said we are short $380 and that the investor declined the modification. Wells Fargo had us on the 3 month trial and we are doing fine with that. I’m going to call them later today to see what our options are. Also my wife got a job this month where she gets paid cash. This extra income is much more than the amount we are short. Any ideas as to what I should try next?
Hi bholum,

You should inform the lender about your present financial situation and reapply for modification of the mortgage. As your wife has now got a job, the lender may consider giving you a loan modification.

Thanks
Posted on: 26th Jan, 2010 09:26 pm
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