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robyns_song
ParticipantWhat kind of rate does 5% down get you? Out of curiousity, why did they only put 5% down? Were they planning on doing extensive repairs/upgrades or did they only have 5%?
robyns_song
ParticipantWhat kind of rate does 5% down get you? Out of curiousity, why did they only put 5% down? Were they planning on doing extensive repairs/upgrades or did they only have 5%?
robyns_song
ParticipantWhat kind of rate does 5% down get you? Out of curiousity, why did they only put 5% down? Were they planning on doing extensive repairs/upgrades or did they only have 5%?
robyns_song
ParticipantWhat kind of rate does 5% down get you? Out of curiousity, why did they only put 5% down? Were they planning on doing extensive repairs/upgrades or did they only have 5%?
robyns_song
ParticipantIt entirely depends on the loan servicer, but from my experience, the practice has always been to go through each borrower and examine their financials like already described.
No doubt that some people “slip through the cracks” but it’s more common for loans to just not get re-worked when there’s a shortage of staff. Successful loan servicing companies are beefing up their staff on loan work-outs to satisfy demand. Remember, the bank’s bottom line is $. Taking a shortage unnecessarily on someone who can make the payments hurts them as much as making a forbearance agreement with someone who still won’t be able to pay.
robyns_song
ParticipantIt entirely depends on the loan servicer, but from my experience, the practice has always been to go through each borrower and examine their financials like already described.
No doubt that some people “slip through the cracks” but it’s more common for loans to just not get re-worked when there’s a shortage of staff. Successful loan servicing companies are beefing up their staff on loan work-outs to satisfy demand. Remember, the bank’s bottom line is $. Taking a shortage unnecessarily on someone who can make the payments hurts them as much as making a forbearance agreement with someone who still won’t be able to pay.
robyns_song
ParticipantIt entirely depends on the loan servicer, but from my experience, the practice has always been to go through each borrower and examine their financials like already described.
No doubt that some people “slip through the cracks” but it’s more common for loans to just not get re-worked when there’s a shortage of staff. Successful loan servicing companies are beefing up their staff on loan work-outs to satisfy demand. Remember, the bank’s bottom line is $. Taking a shortage unnecessarily on someone who can make the payments hurts them as much as making a forbearance agreement with someone who still won’t be able to pay.
robyns_song
ParticipantIt entirely depends on the loan servicer, but from my experience, the practice has always been to go through each borrower and examine their financials like already described.
No doubt that some people “slip through the cracks” but it’s more common for loans to just not get re-worked when there’s a shortage of staff. Successful loan servicing companies are beefing up their staff on loan work-outs to satisfy demand. Remember, the bank’s bottom line is $. Taking a shortage unnecessarily on someone who can make the payments hurts them as much as making a forbearance agreement with someone who still won’t be able to pay.
robyns_song
ParticipantIt entirely depends on the loan servicer, but from my experience, the practice has always been to go through each borrower and examine their financials like already described.
No doubt that some people “slip through the cracks” but it’s more common for loans to just not get re-worked when there’s a shortage of staff. Successful loan servicing companies are beefing up their staff on loan work-outs to satisfy demand. Remember, the bank’s bottom line is $. Taking a shortage unnecessarily on someone who can make the payments hurts them as much as making a forbearance agreement with someone who still won’t be able to pay.
robyns_song
ParticipantAre you kidding? You’re picking a president based on aesthetics? That’s like marrying someone you don’t know very well just because they look good; you know it’ll only end in an ugly divorce and cost you a pretty penny.
robyns_song
ParticipantAre you kidding? You’re picking a president based on aesthetics? That’s like marrying someone you don’t know very well just because they look good; you know it’ll only end in an ugly divorce and cost you a pretty penny.
robyns_song
ParticipantAre you kidding? You’re picking a president based on aesthetics? That’s like marrying someone you don’t know very well just because they look good; you know it’ll only end in an ugly divorce and cost you a pretty penny.
robyns_song
ParticipantAre you kidding? You’re picking a president based on aesthetics? That’s like marrying someone you don’t know very well just because they look good; you know it’ll only end in an ugly divorce and cost you a pretty penny.
robyns_song
ParticipantAre you kidding? You’re picking a president based on aesthetics? That’s like marrying someone you don’t know very well just because they look good; you know it’ll only end in an ugly divorce and cost you a pretty penny.
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