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Subordination Approved!!!!

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Contributions: 117
Again, after months of tring to complete this...I finally got it approved! Many letters, phone calls, e-mails, DENIALS,  FEES!! ect.... This went on since MARCH!

Well, I was finally told today it was approved on one condition: my line of credit amount was to freeze at my present loan balance. No big deal.

Thanks to ALL here!!! This is where I got all my answers and questions from. I am still to this day telling my first & second mtg. Co the new rules and regulations! thanks to this forum!  If I was not on top of this 24/7, this would have never had happen!

I went from 6.625 to 4.875 saving $360 per month/130K over 30 yrs.
Was told a closing date will be set by the end of the week.

Thanks again to all! Bottom line, dont give up! The one who barks the loudest wins!
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June 29 - Holbrook
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Great job on staying on top of your finances.  Most people would have got lazy and quit!  Kudos to you buddy.
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June 29
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Contributions: 117
Justin:

Thanks! And thanks for your help and advise!
I need a vacation after all of this. Off to Maine for the 4th.

One of these days I will get a vaca home there, that  will be my next posting/help/advise, LOL
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June 29
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Glad it got approved Spanky.  Your situation is pretty much the norm....3 months and lots of incompetence, but eventually it works out.
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June 29
 

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