No one I know has been able to get their lender to accept the hope for homeowners program. I was able to get my loan modified, but 1 month into the modification, they sold my loan to a new lender and now they will not accept the terms of that modification. I think it is time for me to walk away.
Hope for Home Owners Program is the last resort. The Gov. owns 50% of you home after 5 years. After one year the Gov. keeps 100% of your house.....Stay away from this progam!
California's Mortgage Foreclosure Consultant Act at Civil Code 2945.4(a): "It shall be a violation for a foreclosure consultant to:
(a) Claim, demand, charge, collect, or receive any compensation until after the foreclosure consultant has fully performed each and every service the foreclosure consultant contracted to perform or represented that he or she would perform."
Always look into the requirements for each state in which you are completing a loan modification.
hopeforhomeowners 3 years ago
@hopeforhomeowners
No one I know has been able to get their lender to accept the hope for homeowners program. I was able to get my loan modified, but 1 month into the modification, they sold my loan to a new lender and now they will not accept the terms of that modification. I think it is time for me to walk away.
Xsighting101 2 years ago
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Hope for Home Owners Program is the last resort. The Gov. owns 50% of you home after 5 years. After one year the Gov. keeps 100% of your house.....Stay away from this progam!
Lovinglife0001 3 years ago
California's Mortgage Foreclosure Consultant Act at Civil Code 2945.4(a): "It shall be a violation for a foreclosure consultant to:
(a) Claim, demand, charge, collect, or receive any compensation until after the foreclosure consultant has fully performed each and every service the foreclosure consultant contracted to perform or represented that he or she would perform."
sickwiththetruth 3 years ago