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08-15-2010, 04:00 PM #1
Did Loan Mod. … Thank you Villagers!!!
First, I need to thank you all villagers for the encouragement & support.
A while back, my bank has offered (2nd time) us to do a loan modification, & I was worried that it was too good to be true, almost wanted to ignore it again. But then, after reading your posts, we decided to look into it more closely & to go through the process.
We did it, everything just finalized, old mortgage ‘paid in full’, new mortgage payment starts next month. We are now paying $150 less a month & it will be paid off in 15 yrs instead of 19.5 yrs.
You guys rock!!!
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08-16-2010, 12:20 AM #2
That sounds great!
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08-16-2010, 08:28 AM #3
Kudos to you for researching it all and making a decision that works so well for you!
~*Darlene*~
Live Well~LaughOften~Love Much
"Too often we underestimate the power of a touch, a smile, a kind word, a listening ear, an honest compliment, or the smallest act of caring, all of which have the potential to turn a life around."
Leo Buscaglia
2012 Challenges
Books Read: 43
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08-16-2010, 03:41 PM #4
Hard to go wrong with smaller payments and earlier repayment all at once.
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08-17-2010, 06:41 PM #5
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