Loan Mod. denial letter from Wells Fargo

[Joel Fraser]

We just rec'd a denial letter from Wells Fargo Mortg. I don't know what to do??? am i able to re-submit our financials? here is what the letter states. After reviewing the information you provided, we must advise you your request for Loan Modification has been denied for the following reason: Basedon the information provided, your monthly income totaled $8259.83 and your expenses totaled $8058.14 which indicates you do not have the ability to afford a modified payment plan. In order to assist you with possibly improving your situation we recommend you contact Consumer Counselors Agency. This group may be able to provide you with plans that may improve your financial situation. There may be other alternatives that will assist you but are contingent upon agency investor approval. They are, but may not be limited to: Pre-Foreclosure sale Deed in Lieu of Forceclosure We just need a decent mortgage payment, we want to keep our house. can someone please help? thank you.