Got the Trial Period :
Got the Trial Period Hamp (MHA) Modification
3 month trial period is required
Traditional Modification
No trial period is required
Got the Trial Period :
Got the Trial Period The Easy Part is Over
Not time to Celebrate
Not An approval
Follow-Through
Make all payments on time (NO GRACE PERIOD)
Likely to go well beyond 3 months
The Downside :
The Downside Save your money
Upon Denial
The bank will post a past due amount to your account.
Regular payment - $3000
Trial period payment - $2000
Savings per month - $1000
Amount Due @ 3 months - $3000
Upon Approval
Bank will roll delinquent balance into the loan
New monthly payment should be the same as your trial period payment
Sign Up Today! :
Sign Up Today! LoanMod Short Sale Questions
Mak Home Realty
Dave Korte
Dave@makhomerealty.com Loan Mod/BK/Debt Settlement
Loanmodworkshop.com
Mark Korte
Mark@loanmodworkshop.com Workshop.com MAK ***Sign Up Today for Free Webinar***