Comments on: Do It Yourself? http://mortgage-modification-attorney.com By James Robert Deal - Attorney Sat, 12 May 2012 15:00:56 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Daniel Richard http://mortgage-modification-attorney.com/modification-attorney/do-it-yourself-modification/comment-page-1/#comment-3149 Daniel Richard Thu, 03 Feb 2011 12:48:50 +0000 http://mortgage-modification-attorney.com/?page_id=23#comment-3149 I have a 15 year mortgage, and have 75% equity on my home I've owned since 1988. My wife has been out of work since August 2010. I have had to cash in my IRAs to stay pay my bills, and these funds are nearly depleated. I asked my mortgage company if they could: (1) Put me on a 6 month plan (2) Change my mortgage to a 30 year. They said that we do not qualify because our current income is not sufficient. My wife's unemployment is temporary, but we could default before she gets a job. HELP ! As I understand, the Obama Mortgage Modification Plan is the same way: If you become unemployed you can not get any help till you get employed ! Thanks, Dan Richard I have a 15 year mortgage, and have 75% equity on my home I’ve owned since 1988. My wife has been out of work since August 2010. I have had to cash in my IRAs to stay pay my bills, and these funds are nearly depleated. I asked my mortgage company if they could:
(1) Put me on a 6 month plan
(2) Change my mortgage to a 30 year.
They said that we do not qualify because our current income is not sufficient.
My wife’s unemployment is temporary, but we could default before she gets a job.
HELP !

As I understand, the Obama Mortgage Modification Plan is the same way: If you become unemployed you can not get any help till you get employed !

Thanks,

Dan Richard

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