to review....we don't have 60 days we are already behind. What can I do to push the mortgage company to give me an answer NOW?Trying to work with mortgage company to get our rate down. but the mortgage company said it will take 60 days?
You CAN'T push them. Right now, lenders are simply swamped with such requests, and their staffs are overloaded.
You're the one asking for the assistance here, and they are the ones in the position of either agreeing or denying. Make their lives miserable, and your chances of denial increase.
The time for you to have looked into this was sixty days ago, if you get my hint.Trying to work with mortgage company to get our rate down. but the mortgage company said it will take 60 days?
more than likely what you think is your mortgage company is not they are just the servicer for some larger investor. They have to go to that investor to get the ability to re-work the mortgage. Plus they also have to do a bunch of their own leg work. If they deem that you couldnt afford the home even with a reduction then you may be out of luck anyway.
Continue to pay them, even if you are already late, it truly will help you when it is your turn to negotiate in the long, long, line of re-doers....if you have not learned patience you will now....
And, find some way to reduce stress before and after each call to them you do make, because, I doubt you want them demanding something from you right now, thus, you should not be demanding of them.
I would also include a letter regarding your request for renegotiation of your original loans terms in each payment you do make.
Most people really can do the math themselves though; if you could not have bought this priced home with a conventional mortgage then your chance of keeping it is very slim now.
Hi,
I used ';Credit Solution'; to settle my mortgage.They managed to reduce my mortgage up to 58%.It's legitimate.I came across this company on NBC News Special Edition.Check it out here:
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