These results should not be taken as a guarantee, as each case is unique.
Payment with escrow $1,876.14, 9.2%, borrower was 5 months behind owing $9,380.70.
New payment is $1,394.56, interest rate reduced to 5.125% fixed for 30 years, added the delinquent amount to the principal balance, starting fresh.
Property was in foreclosure, due for 11/2008, payment $1,278.01, 8.09% rate.
New interest rate 5% for life of loan, new payment $1,240.04, no good faith deposit required.
10.24%, 5 months past due, P&I payment $788.17.
6.0% fixed for the life of the loan , PITI $671.39, first payment due 08/01/2009, good faith deposit of $173.89.
6 Months behind, interest rate 8.625%, PITI payment $1313.58.
New PITI payment $1172.00, interest rate 7.0% Saving $141.58/month for the life of the loan.
Payment of $3,099, ARM. Borrower was $9,935.00 past due.
New payment $2,702.06 for 3 month trial plan. Savings of $397.00 per month. After success of trial plan, final modification will be granted.
Monthly payment of $2,276.61, past due $27,983. Active foreclosure.
New payment $2,091.52 for 3 month trial plan. Foreclosure is placed on HOLD upon receipt of first payment. A final modification will be granted after 3rd payment is submitted.
9 Months and $16,416.11 behind. PITI payment $1,601.79, 9.875%, property was in foreclosure.
Trial modification, 3 months payment of $1277.18. Once trial plan is completed, permanent modification will be performed.
New payment with escrows is $1,382.72 PITI, 1st payment due in 3 months, new maturity date is 5 years sooner, in 2035 instead of 2040, 6.5% fixed interest for the life of the loan. A SAVING OF $227,064.40 over the life of the loan!!
Previous interest rate 5.25% fixed, ITI $2560.46, 2 months past due. This payment was Interest, Taxes and Insurance only.principal
Approved for permanent modification reducing interest rate to 4% for the life of the loan, first payment not due until 10/1, payment is increasing to $3044.74 by $484.28 a month but the payment is now Principal and Interest.
Monthly payment of $1,462.85, principal and 9.875% interest. Homeowner was 8 months behind on payments, owing $19,373.44. Property was in foreclosure.
New fixed interest rate of 6% for 315 months(26 years) and new monthly payment is $1212.30. Borrower is responsible for a good fait deposit of $1,830.82. Saving $250.55 per month, and a total of $78,923.25 over the life of the loan. Foreclosure was stopped and the borrower is able to keep his home.
Property was in foreclosure, 14 months past due, owing $51,650.34. Monthly PITI payment was $3,689.31 with 9.5% interest rate.
Property was saved from foreclosure and approved for 3 month trial plan with monthly payment of $1,992.76. Saving $1,696.55 per month.
Property was in foreclosure, 4 months past due. Monthly payment was $2,961.70 principal and 6.0% interest rate.
Three months trial plan, monthly payment of $1,676.31, saving $1,285.39 per month.
Borrower was 6 months past due, owing $12,250.86 plus attorney fees. Monthly payment was $2,041.81 with 6.15% interest rate. Property in foreclosure.
Three month trial plan approved. Monthly payments $1,747.63, saving $294.18 per month and saving the home from foreclosure.
Borrower was 7 months past due, owing $15,653.03 and in foreclosure.
Approved for a 3 month trial plan toward modification, with PITI payment of $1,099.98. Monthly savings of $653.10.
Borrower was 3 months behind owing $8,946.21 with an adjustable interest rate of 8.875% and monthly PITI payments of $2,988.07.
Final modification with new PITI payment of $1,457.43 fixed 2.750% interest rate. Saving $1,530.64 per month for the life of the loan! Wow!
Monthly payment was $2,661.19 principal and interest only with adjustable 7.125% interest. Borrower was past due $12,481.89.
Approved for permanent modification with monthly payments of $2,010.31 with 5.12% fixed interest rate for the life of the loan. First payment not due until April 2010. Borrower saving $650.88 per month.
Borrower was 7 month past due with monthly P&I payments of $1,450.50,foreclosure proceedings had been started.
Borrower received a 12 month forbearance plan with payments reduced to $1,230.68 ($219.82 savings per month). A good faith deposit of $1,450.50 was required by ASC.
Borrower was $86,211 (40 months) past due, not including attorney and late fees. He was in foreclosure and had a sale date. His monthly payment was $1,879.46 PI.
Borrower was brought current. New payment is $1680.59 PI ($198.87 savings) and only had to give the lender a $350.62 upfront fee.
Borrower was 2 months late paying the mortgage, with a monthly mortgage payment of $4,142.20 PITI and a 6.375% adjustable interest rate on an ARM loan.
Borrower received a final loan modification with a new monthly mortgage payment of $2,160.46 PITI (monthly savings of $1,981.74) and a 5.00% fixed interest rate.
Borrower was 24 months past due, owing more than $131,468.00. He had a 6.30% interest rate and a high monthly mortgage payment of $5,565.16 PITI.
Borrower received a 3 month HAMP trial plan. His new monthly payments are $3,436.75 PITI, saving $2,128.41 each month! After three months, the loan modification will be made permanent.