Comments on: HOPE for Homeowners Changes http://www.truthinforeclosure.com/hope-for-homeowners-changes Sun, 22 Aug 2010 22:39:10 +0000 http://wordpress.org/?v=abc hourly 1 By: Todd Temaat http://www.truthinforeclosure.com/hope-for-homeowners-changes#comment-836 Todd Temaat Sun, 02 Aug 2009 20:04:40 +0000 http://www.truthinforeclosure.com/?p=1419#comment-836 It's a refinance. It's probably your lender will try to qualify you for every other program before they even look at this one because this one involves principle forgiveness and the others don't. The program is meant to help you whether you're behind on your payments or not. They would prefer you weren't, but the fact you're behind is not going to disqualify you by itself. Thanks for asking. I'd recommend asking Chase about it and/or going to a HUD Housing Counselor. It’s a refinance.

It’s probably your lender will try to qualify you for every other program before they even look at this one because this one involves principle forgiveness and the others don’t.

The program is meant to help you whether you’re behind on your payments or not. They would prefer you weren’t, but the fact you’re behind is not going to disqualify you by itself.

Thanks for asking. I’d recommend asking Chase about it and/or going to a HUD Housing Counselor.

]]> By: Christine http://www.truthinforeclosure.com/hope-for-homeowners-changes#comment-835 Christine Fri, 31 Jul 2009 20:55:14 +0000 http://www.truthinforeclosure.com/?p=1419#comment-835 Will this be considered a refi or a loan modification? What if you are already attemtpting a loan modification with your lender (CHASE) and they said two months ago they are not doing principle reductions? Must ones credit be good, we are already late on payments and have been attemtpting a modification for three months. Will this be considered a refi or a loan modification? What if you are already attemtpting a loan modification with your lender (CHASE) and they said two months ago they are not doing principle reductions? Must ones credit be good, we are already late on payments and have been attemtpting a modification for three months.

]]> By: Ricardo http://www.truthinforeclosure.com/hope-for-homeowners-changes#comment-647 Ricardo Mon, 08 Jun 2009 15:32:06 +0000 http://www.truthinforeclosure.com/?p=1419#comment-647 This program should help those with upside down mortgages---But, with the banks' latest tactics of selective holding of notes, we'll see. Banks need the money-- This program should help those with upside down mortgages—But, with the banks’ latest tactics of selective holding of notes, we’ll see. Banks need the money–

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