Aurora / GMAC approval for Linda M. of Glendora, CA

This entry was posted on Thursday, April 22nd, 2010 at 12:31 am and is filed under Loan Modification.

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This client was 3 months behind when we received the file. After 2 months of negotiations we secured the following modification.

Aurora 1st mortgage:

Old payment PITI: $2856.59
New payment PITI: $1427.48

Savings: $1429.11

GMAC: 2nd mortgage:

Old payment at 11.625%: $406.88
New payment at 5%: $258.89

Savings: $149.99

Total combined monthly savings: $1577.10

This post was written by Aubrey Feriante