it's a long shot, but need advice...

[Mike]

I'm new here...thanks in advance for any help!! We have already been approved for a loan mod back in Feb. All they did for us was bring our loan current...adding on all the lates to the loan. Our first payment is due tomorrow. Two weeks ago, they sent another mod option which is better than the one we originally agreed to. We called to find out if we should go ahead and make our April payment or wait until May which is when the first payment for the newer agreement would be due. They told us we couldn't take advantage of the newer mod because we already agreed to the other one. Is there ANY WAY we can get them to let us do the second offer? I mean THEY sent the papers to us, we did not request them. It's a reduction of interest by 2% for the first 5 years, then it goes back to normal. They are also changing it to a 40 year loan instead of a 30 year. We only plan to live here another 3-4 years, so the interest rate going up won't affect us. Plus we can make a little bit of an extra payment to make up for the extra 10 years. Anyway, does anyone know of a way to twist their arm to let us do this?? Thanks!!!