Comments on: News http://mortgage-modification-attorney.com By James Robert Deal - Attorney Wed, 16 Jun 2010 16:18:51 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: admin http://mortgage-modification-attorney.com/news/comment-page-1/#comment-2961 admin Thu, 03 Dec 2009 19:17:03 +0000 http://mortgage-modification-attorney.com/?page_id=87#comment-2961 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. 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 http://mortgage-modification-attorney.com/news/comment-page-1/#comment-2940 Wayne Thu, 29 Oct 2009 20:06:57 +0000 http://mortgage-modification-attorney.com/?page_id=87#comment-2940 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 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

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