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%.