America's Legal Group » Interest Rate http://www.amlgloanmodification.com Presented by the Law Center For Wealth Management Sat, 10 Jul 2010 00:45:43 +0000 en hourly 1 http://wordpress.org/?v=3.0.1 Successful Loan Modification with Citi Group http://www.amlgloanmodification.com/successful-loan-modification-with-citi-group http://www.amlgloanmodification.com/successful-loan-modification-with-citi-group#comments Tue, 13 Jan 2009 02:19:18 +0000 admin http://www.amgloanmodification.com/blog/?p=35 Continue reading →]]> Below are the results of a case with Citi Group.

The borrower was looking for help at a time when her bank was just days away from selling her home. Within 48 hours, her sale date was stopped and she entered into negotiations for a better solution. These are the final results of the case:

  • New interest rate of 6% from 9.75%
  • New monthly payment of $1182.36 from $1941.17
  • Delinquent payments placed on the back of the loan requiring $0 down payment
  • TOTAL MONTHLY SAVINGS: $758.81

Needless to say, this borrower was speechless upon hearing the news.

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