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Possible Loan Modification from Countrywide

This is a topic titled Possible Loan Modification from Countrywide made in the Credit Problems section, belongs to our Mortgage Chat category; I had a significant decrease in income over the last year. After exhausting my 401(k), saving, and consolidating debt I am out of options. Have alwasy been current on ...








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Old April 24th, 2008, 02:49 PM   #1
Mike
Senior Member
 
Registered: Apr 2008
Posts: 1,497
Default Possible Loan Modification from Countrywide

I had a significant decrease in income over the last year. After exhausting my 401(k), saving, and consolidating debt I am out of options. Have alwasy been current on my mortgage. I was contacted by countrywide to provide hardship letter and financial information for possible loan modification. Question:1. Does anyone have sample hardship letter for someone asking for a modification due decrease in income?2. Does anyone have experience getting a modification due to decrease income? What was your experience?
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