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Hardship Letter Questions

This is a topic titled Hardship Letter Questions made in the Credit Problems section, belongs to our Mortgage Chat category; I've seen it mentioned there needs to be a surplus of $150 -200 a month...but from what amount? If I use my current mortgage payment, there is no ...








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Old July 2nd, 2008, 08:14 PM   #1
Mike
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Registered: Apr 2008
Posts: 1,497
Default Hardship Letter Questions

I've seen it mentioned there needs to be a surplus of $150 -200 a month...but from what amount? If I use my current mortgage payment, there is no surplus at all - it would be negative. What are you using as your mortgage payment - the expected amount due if you get the loan mod?
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