The third Largest S&L will reamortize any FNMA/FHLMC loan when the borrower pays extra principal!!! Here's the deal...
They will reamortize as many times as the borrower wants as long as: A $5,000.00 or greater is paid towards principle. They are servicing your loan. And a $250.00 fee collected for modifying and recording the extension and modification agreement.
Send:
- A letter requesting your loan to be reamortized with your loan number.
- Check for $250.00 for the fee.
- Check for at least $5,000.00 marked to be for reduction of principle and recalculating my payment.
- Your term and interest rate stays the same!!
- Your payment drops! Call for further detail!!!
