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Loan Modification w/ ASC

This is a discussion on Loan Modification w/ ASC within the Home Mortgage forums, part of our Mortgage Chat category; Hello All, I really need some information and advise. I successfully received a loan modification from ASC. After giving them $...






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Old July 24th, 2008, 10:47 AM   #1
Joel Fraser
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Join Date: May 2008
Posts: 907
Default Loan Modification w/ ASC

Hello All, I really need some information and advise. I successfully received a loan modification from ASC. After giving them $4000 I made my regular payment for 3 months. They said after the 3 on time payments we would be reviewed for a loan modification. My last payment was June 1. Well, I received my papers for the modification and was horrified. They want me to give them an additional $7330. for my contribution. That would be $11,330 in 3 months in addition to my monthly payment. If we had that kind of money we wouldn't need a modification. We called the loan company and they stated they would have a negotiator call us. The money was due in 5 days which would have been July 21. I still haven't received a call from the negotiator. What can I do? Please help!
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