Mortage Modification Through Countrywide
Hi -
Just wondering if anyone here has ever had a mortgage modification thru Countrywide, or any other lender?
I am in process of doing this with Countrywide mortgage and wonder if it is difficult to do? When I spoke with my loss mitigation person at Countrywide, she advised me that she sends my info off to another person to get approved. She had said that I fell in the guidelines to get this, but she did not actually approve it herself.
I am stressing that I wont get approved. I was just curious on others experiences with it.
Thanks!
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Countrywide is an A+ company, so I wouldn’t worry about that. Generally folks that deal directly with the public are trained to be extremely consertative when speaking with you in order to manage your expectations. When she encourages you to believe that all will be well, you develop an expectation that it will be. You can pretty well assume that she wouldn’t let you get this positive expectation unless she felt extremely comfortable that her cautious optimism is safe. So, I’d stop stressing. (Even if it doesn’t work out, stressing now won’t help.)