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Company Loan Type APR Est. Pmt.

can housing co-op be cosidered for the prgram

Posted on: 24th Sep, 2009 01:05 pm
we are a 21 unit housing co-op, we have 325,000 mortgage..we need many repairs..and right now we have 5 empty units..an gettng new members is approving very hard..we really need tio reduce our monthly payments
Hi thelma,

This may vary from lender to lender. You should check out with your lender whether or not he would be ready to give a loan modification or any other repayment plan. It would be the lender's discretion to consider your request.
Posted on: 24th Sep, 2009 07:58 pm
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