One more for Homeq SUCCESS!!

[Mike]

I replied to another thread to start my story, I guess that's not a good way to start. I, to, have a Homeq mortgage that is about to raise. My current rate is 9.1 and I've been told that it will go to 10.65. A random guy called me on the phone and told me this would be my new rate. I'm not sure how he could know this when I haven't heard from Homeq what my new rate would be. This guy swears he can get me in a new loan for 8-8.25 rate. I have never heard of the company and I'm scared he's just one of those swindlers waiting in the wings to get my financial information and withdraw all my money from my bank account. He has found an appraiser that 'says' he can get my house appraised for enough to do this loan. I tried working with an honest broker I know and she says she can't get the appraisal on my home?I think my best bet is to go this route and try to get my loan modified or frozen. I am having liver surgery in Sept and I want to get this process rolling before this happens. My rate isn't due to go up until November so I'm not sure the right path to take.I haven't been late on my mortgage in over a year but every month is a test. We do everything we can but we are truely month to month and there's no way we could make a higher payment.Should I write a hardship letter now and try to get this accomplished or should I wait for the new rate letter?Thanks to all for your advice,:confused::confused: