Success Story: Mr. and Mrs. T. of Carlsbad
Congratulations to Mr. and Mrs. T. of Carlsbad. They had decreased income because of disability and illness. Although they were 17 months delinquent on their house payments, through our work with their lender, Bank of America, we were able to decrease their house payments from $2,973.00 per month to $2,478.00, a savings of almost $500.00 per month, or 17% of their payment. Also, their loan modification is at a fixed term for 30 years, at 3.875%.