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Original Loan Modification is up, now what do we do?????

Posted on: 08th Jul, 2010 12:01 pm
Myhusband and I qualified for a loan modification Oct 08. The end of the loan is approaching quickly & the current lender states that we do not quailify for the new government mod. Our current mortgage is only 25.11% of our gross income & it needs to be at least 31%. I don't know what to do because I am concerned that as of October our interest can rise as much as 11% & we can not afford that with 3 kids! Any ideas? :(
Hi jborelli,

I've given my suggestions in regards to your query at:
http://www.mortgagefit.com/inprocess/about40668.html

Take a look at it. Hope it helps you.

Thanks,

Jerry
Posted on: 09th Jul, 2010 03:14 am
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