Comments on: Links-Docs

By: Reza Alaie

Reza Alaie — Mon, 14 Feb 2011 19:03:08 +0000

I was interviewed by your Rep. (Mr. Kevin Foster) on Jan. 20 2011.
He asked me to fax him some documents.
the fax. # he gave me is;
866-649-9743
But this is a phon number to SUNTRUST Bank.
He gave also gave mne a phone number that I am unable to talk to anyone.
please email me (rezaralaie@aol.com), a good fax # for LBPS. Loan Modification Department.
.

By: jamesrobertdeal

jamesrobertdeal — Wed, 09 Feb 2011 05:36:38 +0000

Because your father is on the loan, you should be able to use his income, even though he does not live with you. Under the new FTC regulations, I can help you only if you are in Washington, the only exception being that I can work for borrowers in other states if they have a sponsoring attorney. You can probably find an attorney in your home state who has modification experience. My typical fee is $3,500 paid at the beginning of the process or over the first two or three months. We accept credit cards, but we add 3.0%. We then charge a bonus upon completion, around 3.0% of what we save you during the firsts five years of your modified loan. Some clients save $50,000 to $100,000 just over the first five years, not counting what they save over the life of the loan. Feel free to call us at 425-771-1110.

By: Keith

Keith — Wed, 09 Feb 2011 04:57:52 +0000

My father and I co-signed a loan together on a home. My girlfriend used to live with me and she supplied half of the income for the mortgage. Now she is moved out and I am left with the whole mortgage. I want to apply for HAMP but I am concerned my income is too little to be considered for HAMP alone. Would they use my father’s income in the HAMP process even though he does not live there? Also, how much do you charge to get me through the whole process?

By: admin

admin — Thu, 03 Dec 2009 19:17:03 +0000

Having a “co-signer” on your loan should not prevent you from obtaining a modification if you otherwise qualify. Ocwen has signed onto the Making Home Affordable program. Your payment, including principal, interest, taxes, insurance, and home owner association dues, should be modifiable. Your payment for PITI and HOA should be no more than 31% of gross income, not take-home pay. Most “co-signers” are really co-owners. Does this co-signer have income? Probably your income and the income of the “co-signer” would be added together and then multiplied by 31% to determine what your total payment should be. If your “co-signer” has moved out and has not contributed to payments, it might be possible to have the “co-signer” income not counted as part of total income. Modification is sometimes very easy and sometimes very complex. My fee is 1.0% of your loan balance or $3,500, whichever is less. I accept credit cards in payment. Feel free to call.

By: Wayne

Wayne — Thu, 29 Oct 2009 20:06:57 +0000

I’d llike info about modification of my mortgage. I have a co-signer on the loan. Does this affect modification? I am current on loan with Ocwen but my loan and home association fee is over 50% of take home pay.

Thanks

Ps what are your fees