Need answers on loan mod

[Joel Fraser]

Hi, I am just starting the process of a loan mod request with Citi Residential lending. SO far I have managed to get my paperwork processed. I have turned over the hardship letter, the bank statments, paystubs etc..... Now I guess I am in the waiting game for someone to look it over and make a decision. I must say this web site has given me great hope. My first question is what if my property taxes that were due in November 2007 have not been paid? What happens with the loan mod then? The second question is how much of a down payment is required? I know when I call Citi Residential I get conflicting answeres with regard to that. Can anyone that has been through this with Citi Residential please let me know how it went for them? I am very anxious about this and can't wait until it's over.