Loan modfication/principal balance reduction
High interest rate & past due interest added that was suppose to be included in principal balance reduction

Unique mortgage was over $237,000, rate of interest is 7.825 therefore test cost was $1500. We were informed that mortgage could be recalulated with fresh mortgage amount could be significantly less than $1500. Then we were informed the mortgage was nonetheless $1500.00 therefore the house could be reduced earlier that was the untruth (25 years could be $450,000 taken care of the $73,490 home. Then we obtained lasting cost nevertheless at $1500 per month and we required that rate of interest be decreased to 5% or 6% therefore mortgage cost could be cozy at a maximum of $1200.00 a month. We were advised that We ought to grateful for stability decrease. Foreclosure purchase day is planned for September 20.

Company: Loan modfication/principal balance reduction
Country: USA
State: California
City: Fresno

  <     >