This was what a good day is like. I got this email below from Oscar Jimenez. It felt great helping somone out again!
Good Morning Carlos,
Thanks for taking the time to take my phone call on Monday. You gave them the knowledge and realistic advise I needed to call my Mortgage service company (Chase). During my call with Chase I was honest and upfront with my current financial situation, surprisingly they were helpful and understanding. They recognized times were tough for many people and understood I wanted to keep my house. They took all my financial information and pre-approved me for a payment $1100.00 lower than what I was paying. They will send me a packet in the mail within the next couple of days so I can send copies of my 08 taxes, pay check stubs, etc. Once all the paperwork is gathered, they will send it on to the investor for final approval. If all goes well, my new payment will be $2,747.00 including prop taxes and insurance. My old payment including prop tax and ins was $3,859.00. Since I was 2 months behind on my mortgage payment they will re-work the amount due in to my new/revised loan and set me on a payment plant beginning the 1st of august. I was told to make sure I make my payment on time, for the first 3 months. If I didn’t make my payment on time, I would be disqualified from the Homeownership Preservation modification.
I want to thank you again for your time, and your advise on hiring a Load modification company, you don’t need to pay anyone to do this. In my case it took knowledge to sit down and call Chase and work things out with them.
Thanks again Carlos.