Comments on: Obtaining a Second Loan Modification – is this Possible? http://www.loanmitigationadvocates.com/2009/07/obtaining-a-second-loan-modification-%e2%80%93-is-this-possible/ The Path to Preserving your Home Ownership Sun, 22 Aug 2010 21:08:46 -0600 http://wordpress.org/?v=2.8.6 hourly 1 By: Gralyn Diggs http://www.loanmitigationadvocates.com/2009/07/obtaining-a-second-loan-modification-%e2%80%93-is-this-possible/comment-page-1/#comment-642 Gralyn Diggs Sun, 22 Aug 2010 21:08:46 +0000 http://www.loanmitigationadvocates.com/?p=171#comment-642 Good Afternoon, In July of last year, I was granted a loan modification from CitiMortgage. It lowered my mortgage by about $150 per month. That helped, but not really. I am several months behind on my mortgage currently and facing foreclosure, although, the process has not yet been initiated. I have very stable employment, gross earnings roughly $100,000 per year. I love my home, and want to keep it, and believe I can do so reasonably. Any help you could provide would be greatly appreciated!! (732) 991-3135 Good Afternoon,

In July of last year, I was granted a loan modification from CitiMortgage. It lowered my mortgage by about $150 per month. That helped, but not really. I am several months behind on my mortgage currently and facing foreclosure, although, the process has not yet been initiated. I have very stable employment, gross earnings roughly $100,000 per year. I love my home, and want to keep it, and believe I can do so reasonably. Any help you could provide would be greatly appreciated!! (732) 991-3135

]]> By: anthony costa http://www.loanmitigationadvocates.com/2009/07/obtaining-a-second-loan-modification-%e2%80%93-is-this-possible/comment-page-1/#comment-641 anthony costa Wed, 04 Aug 2010 00:17:43 +0000 http://www.loanmitigationadvocates.com/?p=171#comment-641 Hi, we recently recieved a loan modification on our own through the lender. the original proposal they sent us was for $1,000 for principal and interest. After our completed application they said they had to add 25% to my social security disability, including the money the children get from my SSD. the increase they added to our income caused the modification offer to go to $1400 for principal and interest. We took the modification starting May 2010 and we are current. OUR QUESTION IS CAN THEY ADD 25% TO SSD, AND IS THE CHILDRENS PART OF SSD SUPPOSED TO BE EXEMPT, NOT REQUIRED FOR ME TO REPORT AS INCOME ? Hi, we recently recieved a loan modification on our own through the lender. the original proposal they sent us was for $1,000 for principal and interest. After our completed application they said they had to add 25% to my social security disability, including the money the children get from my SSD. the increase they added to our income caused the modification offer to go to $1400 for principal and interest. We took the modification starting May 2010 and we are current. OUR QUESTION IS CAN THEY ADD 25% TO SSD, AND IS THE CHILDRENS PART OF SSD SUPPOSED TO BE EXEMPT, NOT REQUIRED FOR ME TO REPORT AS INCOME ?

]]> By: dan kohrs http://www.loanmitigationadvocates.com/2009/07/obtaining-a-second-loan-modification-%e2%80%93-is-this-possible/comment-page-1/#comment-640 dan kohrs Sat, 17 Jul 2010 22:44:49 +0000 http://www.loanmitigationadvocates.com/?p=171#comment-640 I recieved a loan mod from wachovia which is now wells fargo last july .,. It was not a good loan at all but they said take it or leave it . Since that time my income as a contractor is now less than when I got the 1st mod . I need advise ... Thanks !! I recieved a loan mod from wachovia which is now wells fargo last july .,. It was not a good loan at all but they said take it or leave it . Since that time my income as a contractor is now less than when I got the 1st mod . I need advise … Thanks !!

]]> By: sonia http://www.loanmitigationadvocates.com/2009/07/obtaining-a-second-loan-modification-%e2%80%93-is-this-possible/comment-page-1/#comment-635 sonia Tue, 25 May 2010 23:59:43 +0000 http://www.loanmitigationadvocates.com/?p=171#comment-635 8 months ago i got a modification by my lender but i am still struggle for the payments, i have 2 loans with this lender , I am paying more than my property worth. the value of my home is only $70.000 but i am paying for a loan of $ 140.000. I asked the lender if they could drop the small loan with is $27.000 but he refused, the lender is Impac. Can I get a second loan modification? can I refinance? can i have the second loan of $26.000 removed? I am not late but it is hard for me to make the payments. I do not have enough income coming every months. My lender is Impac but my servicer is Bank of America Thank you so much for reply Sonia soniaklising@yahoo.com 8 months ago i got a modification by my lender but i am still struggle for the payments, i have 2 loans with this lender , I am paying more than my property worth.
the value of my home is only $70.000 but i am paying for a loan of $ 140.000.
I asked the lender if they could drop the small loan with is $27.000 but he refused, the lender is Impac.
Can I get a second loan modification? can I refinance? can i have the second loan of $26.000 removed?
I am not late but it is hard for me to make the payments.
I do not have enough income coming every months.
My lender is Impac but my servicer is Bank of America
Thank you so much for reply
Sonia
soniaklising@yahoo.com

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