Mortgage Forum

Joel Fraser

Hello,I'm new to this site as of today! I as many people when I think about my situation get upset, sick and then angry! because I signed those loan documents that is leading to my demise. I have had the worst initial loan I have seen with the payment starting at $3,600.00-and jumping at the end to close to $8,300.00 a month. I have been forced to refi with the same mortgage company.1st-Aurora2nd GMACmy complete obligations now monthly is $7,250.00 and its such a burden, I must correct or stop this hemorage. I have done the calling and the begging to no avail. My house is appraised for less then owed! I have now listed for short sale with little interest. I was advised to fall short a few payments and this may create the attention I need, has not worked! Finally I was kindly advised from Aurora back that they are short handed and can not help many people, so get it sold or walk!My only saving grace is I have a nice income, but my credit is shot! I'm not someone who quits! but I have found myslf planning out a 3-months stay, saving the monthly payments and just taking my health and going!I need a rescue, not a free ride just some help!thank youcsb2008