The Law Office of Michael E. Ripley

Exceeding Expectations

Success Story: Ms. T of Escondido

Ms. T. of Escondido has excellent loan modification results!  She had a curtailment of income while working as a programmer.  Through our office's work with Nationstar, her monthly house payments decreased by $1,150.00, saving her 42%.  Her new monthly payment is $1,610.00, down from $2,759.00.  Also, her loan was going to reset from an interest only loan, making the payments increase to $6,086.00 per month, due to the loan modification we were able to get for her, this will no longer happen.  Finally, the interest rate is 2%, and then caps in year 7, at 3.5%.