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Mon Jul 11, 2016, 01:28 PM

QUICK question:

Daughter incurring 'issues,' including divorce, and asks how can she lower her mortgage. Thanks for ideas.

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Reply QUICK question: (Original post)
elleng Jul 2016 OP
progree Jul 2016 #1
elleng Jul 2016 #2
progree Jul 2016 #3

Response to elleng (Original post)

Mon Jul 11, 2016, 08:57 PM

1. Here's a place to start

Last edited Mon Jul 11, 2016, 10:38 PM - Edit history (1)

HAMP - https://en.wikipedia.org/wiki/Home_Affordable_Modification_Program
HARP - https://en.wikipedia.org/wiki/Home_Affordable_Refinance_Program

Both programs are scheduled to end December 31 (i.e. no new submissions, but modifications / refinances made under these programs before then will of course continue in effect)

I have a friend going through this
http://www.democraticunderground.com/1018851198
http://www.democraticunderground.com/1112278 -- the bottom half of this has an update (she was turned down because they wouldn't count the rental income she gets from her housemates, nor the child support she receives).

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Response to progree (Reply #1)

Mon Jul 11, 2016, 09:00 PM

2. Thanks, progree.

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Response to elleng (Reply #2)

Mon Jul 11, 2016, 10:36 PM

3. You're welcome. I hope it works out for your daughter nt

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