Posted on: 18th Apr, 2010 08:12 pm
Hi,
Does anybody had their Line of equity settled with BOA. Can I have the details here. My house is under water and the first morgage is also with BOA. They modified the first morgage through Obama's plan and the payment is reduced . But I have around 100k line of equity on it with BOA itself and am not paying the payment for LOE.
Does anybody had their Line of equity settled with BOA. Can I have the details here. My house is under water and the first morgage is also with BOA. They modified the first morgage through Obama's plan and the payment is reduced . But I have around 100k line of equity on it with BOA itself and am not paying the payment for LOE.
Welcome Guest,
You will have to contact your second lender and apply for a modification in regards to your line of equity. It will depend upon your lender whether or not he would give you the loan modification. The lender will judge your financial situation and let you know whether or not your request would be accepted.
You will have to contact your second lender and apply for a modification in regards to your line of equity. It will depend upon your lender whether or not he would give you the loan modification. The lender will judge your financial situation and let you know whether or not your request would be accepted.