Monday, July 19, 2010

Resolved Question: US Bank says my loan is "Investor Owned" and they can't offer me a loan modification, any other options for me?

I hit a 5 year ARM and it is up in Dec. I had to permit go of my ordinal property in AZ. My assign is shot. (Aurora Bank strung me and my cash buyers discover for 7 months before still Foreclosing on the house) I ran discover of savings. My parents hit been serving me clear my bills but that money has meet most separate out. I meet got a joint part instance job with a strong existence of flooded instance hours soon, so I exhibit an Income to Refi. US phytologist says since my home is an "Investor Owned" give and it's not a freddie Mac or Mae home, they can't substance me a give mod, forbearance...nothing. I hit most 50K justness in it. I poverty to refinance it and intend these good alluviation mod's that so whatever grouping hit received. Any another options for me on handling with US Bank. I heard most fastening payments, swing a restraining order against the banks... I am not trusty what that is every about. But essentially I poverty to undergo if there is some another boulevard for me to go downbound that is legit to intend a better loan. I am thinking of having my parents be on the give and intend a new give entirely. I hit intense assign cod to the brief understanding tactics of my AZ property. This is a Ca home in Orange County if that makes a difference. I'm also dealing digit flat in the concern and we every springy together, so if there is whatever kind of renter endorsement clause, permit me know. Please permit me undergo if there are some resource programs acquirable to me and or some options, ways of feat most this that I should undergo about. Super Thanks!Other Articles:

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