“Anyone that Gives Advice NOT to Make Mortgage Payments, Should be Arrested”
So many folks that had attempted to modify their mortgages were told that the only way they could apply for a mortgage modification is to stop making the payments, which is exactly what this person did. They told her she needed to be three months late before she could apply.
She applied and after six months was told she didn’t qualify. Shortly after, she received notification that a foreclosure action was going to begin unless the loan was brought current.
This woman lost her husband 2 years ago, so this is a single mother with three children that is now facing a foreclosure, as she was given very bad advice from the servicer of her mortgage.
I have recommended that she resubmit the modification application, as so far she has not been told why she was denied, as far as I know they are supposed to do that.
Thank you for speaking to me.
As I shared with you, my current lender has started a foreclosure and I am doing everything I can to not lose my home that is not what my late husband would have wanted.
I know you understood the situation immediately when I told you that they told me not to make any additional payments, as they can’t do a modification while the mortgage is current.
Image courtesy of StuartMiles/freedigitalphotos.net
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Joe Petrowsky, NMLS #6869
Right Trac Financial Group, Inc. NMLS #2709
110 Main St.
Manchester, Ct. 06042
Office: 860 647-7701 x116
Fax: 860 647-8940
Cell: 860 836-9294
Joe Petrowsky does not guarantee nor is in any way responsible for the accuracy of the information provided herein, and provides said information without warranties of any kind, either expressed or implied.
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