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Posted by Henry_CA on June 15, 2007 at 11:31:56:
In Reply to: Little Advice Please posted by Steve on May 31, 2007 at 18:18:14:
I would ask in writing that my lender consider modifying my current loan to avoid the inevitable. The reason for writing is you can also remit the written word back to there loss mitigation department down the road. Document every thing because you are right if you are having problems now at the lower interest rate the higher rate and new payment is going to be hard to make. Good luck.