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BEHIND IN PAYMENTS

I hace a Wells fargo home loan that is at 259.066.  I am 2 months behind in payments.  They will not refi.  How do ig o about getting them to lower my rate?  thank.s
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October 10 2009 - Scottsdale
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Wells is not linked to the government and don't have to do a modification.  They will not have to lower your payment to your paycheck.

Consumers must qualify for modifications or look to other alternatives.
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November 03 2009
Call hope. they are awesome. 888-995-hope. they are free and they are linked to the government. so once registed with them. the lender has to listen. You have to have a job , though.
If you don't have a job, go get one at mcdonalds. they will have to lower your mortgage payment to go with the paycheck.
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November 03 2009
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October 27 2009
Try a lawyer or a loan modification firm.

www.theloanmodstore.com or 480-355-8280

Attorney - email me for specific info, BK, Real Estate or Truth in lending attorney
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October 27 2009
Profile picture for CORONA NICK

Are you underwater? If so, how much?  Dont pay until they call you to modify your loan and lower your rate..lol

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October 17 2009
First, I'm sorry to hear about your situation and can assure you there are LOTS of people in your shoes.

There are several things you can do.

1. Contact LEGAL AID in your area and have their legal counsel send Wells Fargo a letter asking for a Loan Mod.

2. If that does not do the trick, hire you own attorney to deal with Wells Fargo.

P.S. I recommend Mackey Law Firm [content removed by moderator for being self-promotional]

Good luck and God Bless
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October 11 2009
Dealing with lenders and their well trained staff is difficult.  I would try a reputable loan modification company before you go futher in arrears.

I am sorry for your hardships.  Good luck to you.
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October 11 2009
Profile picture for wetdawgs
It is not easy to get a modification.  There are a number of factors required to qualify.  

What is the reason you are behind?
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October 11 2009
Profile picture for barb102369
I already tried to modify as well.  They are a hard institution to deal with.
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October 11 2009
With your mortgage currently behind, the only program to lower your rate/payments is a loan modification, if you have a hardship.  Otherwise, catch it up and try down the road when your credit is cleared up.
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October 10 2009
 
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