Tag Archive: chase

Jul 22

Super Successful Loan Mods of the Week

Before: These Florida homeowners were past due $173,115.13 or 34 monthly mortgage payments. Their monthly payment was $2,174.71 with a fixed interest rate at 7%. After: Payment decreased by 1,154.38. Loan balance will be decreased by $108,241.18. Homeowners received a permanent loan modification with Bank of America with a new monthly mortgage payment of $1,020.33 …

Continue reading »

May 13

Super Successful Loan Modifications of The Week

Before: Homeowner was 11 months behind on monthly mortgage payments of $1,765.72 with an interest rate of 6.75%. After: Homeowners were approved for a permanent Nationstar loan modification through the Making Home Affordable program (HAMP). They are saving $689.58 per month with their new monthly mortgage payments of $1,076.14. Their interest rate will be 2% …

Continue reading »