Comments on: Silence of the Lenders: Is Anyone Listening?

By: Deserae Sexton

Deserae Sexton — Wed, 08 Apr 2009 22:20:48 +0000

My goal is to get my first home in 2010. What advice can you give? What is a loan company -lender-I can trust?

By: Carrie

Carrie — Wed, 23 Jul 2008 13:45:14 +0000

Robow,
You do not have to be several months late to get help with a loan modification, you just need to show you are having a true hardship, which in your case you are.
Please check out http://www.LOANSAFE.org
you will not only find that you are not alone in this, but also find the guidance and help to save your home
GOOD LUCK !

By: HeyTriciaC

HeyTriciaC — Thu, 17 Jul 2008 21:56:38 +0000

Robow,
I have been trying to get a loan mod since March with IndyMac. I have not missed a single payment but was notified that in December my payment would triple. So, now here I am only months away from total disaster (there is no way I can afford a tripled payment!) and I still have not gotten anyone to talk to me except to say ‘ok, we will get back to you as soon as we can’. And NOW with the fiasco that just happened, I can’t get anyone to answer the phone at all. I am trying my best to be proactive and be a good customer but they won’t help me. Don’t wait, start the process NOW! It will take forever to get anyone to help you. All the while, they have not even told me IF they are going to be ABLE to help me… Good luck. We all need it.
HeyTriciaC

By: robow

robow — Mon, 14 Jul 2008 16:34:02 +0000

I am not late yet on any mortgage payments. Should I start trying to get loan modifications now or do I need to wait until I am monthes behind on payments to get started? I am in the middle of a divorce and recently laid off due to an industry strike (actors). I have several mortgages in joint custody with the wife i am divorcing. she recently lost her job as well. We are also in the area directly affected by Katrina. We were both in real estate after the storm. We were living on our equity in the properties to sustain ourselves waiting for the market to change meanwhile going deeper in debt. We both took jobs in other fields after we seperated. I am about out of resources and going to be late in the next cycle of payments unless something gives quickly.
Thanks, Robow