Download our Free BrochureHow to avoid Foreclosure
Do you want to save your home?
We specialize in out-of-court resolutions of Mortgage Foreclosures by negotiating with your lender. Let our expertise help you save your home. We can give you the Foreclosure help you need.
-
Stop Foreclosure News
Please call our Toll Free number
1-866-544-0990 or fill out our FREE QUESTIONNAIRE and we will respond to you promptly
|
|
|
|
|
 |
 |
|
|
|
Does this sound familiar to anyone?
My husband and I have both had a 50% decrease in our wages since purchasing our home. We tried to refinance but we owe more on the home than it appraises for. We can barely make the payments and the ARM adjusts next month. I contacted Wells Fargo and they said since the increase was less than 10% we did not qualify for their Fast Track ARM Solution Program. They also said that due to the housing market and the loss in value we can not refinance. If we sold the house we would have to take a loss and still owe money. They suggested we send in a Hardship Letter. I am looking for assistance with the Hardship Letter but can not find a link for the example mentioned on your website. We have never been late on our mortgage and we have very little credit card debt.
Related Entries
- I need help quickly, I can't afford the forbearance plan that I was approved for - March 21, 2007
- Wells Fargo does not want to stop the foreclsure and allow me to keep my home - January 24, 2008