| New Member Introductions - Stop Foreclosure New to the forum ? Introduce yourself and give a little background if you would like. |
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02-01-2009, 06:38 PM
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Re: Citimortgage with Fannie Mae
yes, both what do you want to know
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Foreclosure Loan - Stop Foreclosure - Short Sale Help - Loan Modification - Help me with a Loan Modification - Short Sale in Florida     |
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02-06-2009, 02:16 AM
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Re: Citimortgage with Fannie Mae
Hello there same goes here!new here also and I wanted to learn more about loans,hope to see you guys.
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02-07-2009, 11:56 PM
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Re: Citimortgage with Fannie Mae
I sent in my packet (from the website) with paystubs, w2s, financials, and a hardship letter. They set us up on 1/2 payments for 3 months. I am supposed to call them 2 weeks after I make my 2nd payment which will be around March 1. Have they or Fannie Mae been successfully modifying loans? I'm very nervous. If we get denied, we will have to make all payments immediately!
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02-12-2009, 06:53 PM
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Re: Citimortgage with Fannie Mae
Hi,
Yes Fannie Mae and Citimortgage have two programs. One is the SMP which is the streamline modification program. In this program you have to have your mortgage payment above 38% of your YEARLY GROSS INCOME. The next program is the Early workout program which it looks like you are currently involved in. I would try the SMP because it is a fast turnaround of 48 hrs notification of acceptance. If you are going to do the SMP please tell them specifically you need to talk to someone that deals with only Fannie Mae. Good Luck!! |
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