Anyone dealt with first Franklin mortgage foreclosure? The address says Pittsburgh, PA and they are first Franklin loan services.
We are behind on our payments and do not see how we can pay because of job loss of my husband and my hours cut at work.
We need April and May payments. They called today and said that if we do not make a payment before the end of May we are in foreclosure.
They made a change for us in September decreased the rate of one per cent which has reduced the payment of $ 60 per month which does not help us. I asked for help today and they said they can not help us until September
I can not believe they will not help us at all. Even when they do help us it will probably drop $ 60-100 per month and that is not enough.
So my question is, someone who had a foreclosure with this company, how long does it take until you have to leave the house?
Thank you!
I agree with Kriss. Since you have already agreed to a loan mod back to September, there is nothing to do but maybe do a payplan refund.
This is exactly why I tell people that you can do a loan mod on your own, you should really think about it. It's like going to court and defend yourself instead of having a lawyer to represent you.
There is not a timeline related to a specific company. It is more specific in the House the measure of the amount due, upside down, position, etc. I have seen people stay in their house for over a year without making a single payment. I also saw the 120 days.
Posted on January 28, 2010.