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Old 12-02-2008, 10:49 AM
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Default Loan Modification help with Wells Fargo

Our previous loan with Wells Fargo was a 3 payment option plan. We were drawn in with a low payment approach and were not told that my payment would keep going up. We ended up paying $12,000 prepayment penalty to get out of that loan. We cant get a 30yr fixed anymore because the loan amount is higher and now the payment would be $2000+ a mo. We are struggling to make $1870 now. Along with are everyday bills my daughter also had a $2000 dental bill which has us in a crunch. I feel like taking that loan was the worst decision we made and now we pay for it. I love this home an would love to keep it but our current situation has had us struggling for a bit to keep our head above water and I almost contemplate giving it up to not have to struggle. can you help with a To view links in this forum your post count must be 10 or greater. Your post count is 0 momentarily.?
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Old 01-06-2009, 08:53 PM
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Join Date: Jan 2009
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Default Re: Loan Modification help with Wells Fargo

Are you behind on payments?
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