Success with NACA

[Mike]

Dear All,Just wanted to tell my story because I'm so happy.Well around Feb of last year i realized that the mortgage industry was having a meltdown and i had an IO/3yr ARM to reset in 2/09. My payments were already kind of high and i knoew that i could not swing a reset. My rate was 7.65 to adjust to at least 9.1 with a 6% cap. 13%!!! total eventually , outrageousI was told when i took the loan that i could "streamline" in a year to fixed rate with "no problems" but when i called 1 year later, nothing was the same and i was looking for help.I qualified to re-fi conventionally but i could not afford the payment becaue of PMI, but oh wait the house lost 35k on appraisal so i really could not re-fi.So i searched for help and found out about NACA. i went to a seminar in November, got my docs into the office the very next monday and waited and waited and waited, all the while perusing this forum.so come january i was like what the H****. so i did like Moe said, fax, fax, fax, email, email email. turns out i had to update all my docs again because they were expired and my case had not even been submitted to CW. i was angry, i was waiting all this time, what was going on?? since then NACA has improved their process a1000x's to handle the large volumes, everything is online so you can see everything you've submitted.so email email email, finally my case was sent to CW on april 2nd. (what i got my docs in to them in november) another wait wait wait, at least 30 days.Come May 12th, i started again, what's my status, what's my status, has anyone heard from CW. nobody knows anything, just be patient it takes time etc....so now i'm really nervous, what if they can't help me, so i email mortgage brokers again, have home prices gone up yet? can i do anything yet? how are the rates? no one can help.all govt programs do not include me but then..........the MOD came in the mail yesterday from CW, NACA proposed to them to fix me at 6.015%, they fixed me at 6.5. they are tacking a months interest and my negative escrow balance to the back end and my payments start up again in July.Needless to say, my husband and 4 kids are so excited that we get to stay in our home. NACA took a long time but they got the job done. I would recommend to anyone who has a pending rate reset to contact them at once.Feel free to ask me any questions that you may have.