Wells Fargo Loan Modification Links

Knoji reviews products and up-and-coming brands we think you'll love. In certain cases, we may receive a commission from brands mentioned in our guides. Learn more.

President Obama recently announced the Administration’s plan to further prevent foreclosures and assist borrowers with mortgage loan modifications in our country. We already have taken steps to prepare for changes needed when the details of the Plan are finalized.

Self-Assessment Tools. The official U.S. Treasury site contains a self-assessment tool designed to see if you are among the 7 to 9 million homeowners who may benefit from the refinance or modification programs available through this government program. You can also download a borrower Q&A there.

We encourage you to use the resources from the Making Home Affordable program. Customers Experiencing Problems. If you are currently delinquent or struggling to keep current, you may be eligible for the Home Affordable Modification on your current loan. Until the modification program is available, you should gather the information that you will need to provide to us.

This includes:

* Information about the monthly gross income of your household, including recent pay stubs or documentation of income you receive from other sources

* Your most recent income tax return

* Information about any second mortgage on your home

* Payments on each of your credit cards, if you are carrying balances from month to month

* Payments on any other loans, such as student loans and car loans

More information from Wells Fargo's site.

Foreclosure Moratorium Extended

We have extended the foreclosure moratorium to give at-risk customers time to explore the new solutions in the Administration’s plan with us.

* For the loans Wells Fargo owns, we will not proceed with residential foreclosure sales until at least March 13, 2009.

* For those loans we service for other investors, we also will not proceed with residential foreclosure sales until such date that our investors will allow. These decisions will require additional discussions with some investors. We’re pleased to say that investors for a substantial portion of these loans already have announced their intention to extend to March 6, 2009.

Customers Who Are Current on Payments

If you are current on your mortgage and your loan is held or guaranteed by Fannie Mae or Freddie Mac, you may be eligible to be refinanced through the Home Affordable Refinance program. We are working diligently to put the systems in place to accept applications. We will provide additional information soon.

Further Resources:

0 comments

About This Article

Data Pusher

Explore Top Legal Forms & Template Services

JotForm Review Compare JotForm vs. top competitors See JotForm Discount Codes Formstack Review Compare Formstack vs. top competitors See 2 Formstack Discount Codes Nolo Review Compare Nolo vs. top competitors See 11 Nolo Promo Codes Incfile.com Review Compare Incfile.com vs. top competitors See 2 Incfile.com Coupon Codes Legal Shield Review Compare Legal Shield vs. top competitors See 1 Legal Shield Promo Codes BizFilings Review Compare BizFilings vs. top competitors See 1 BizFilings Discount Codes LegalMatch Review Compare LegalMatch vs. top competitors See 3 LegalMatch Promo Codes RocketLawyer Review Compare RocketLawyer vs. top competitors See 1 RocketLawyer Coupons LayoutReady Review Compare LayoutReady vs. top competitors See 5 LayoutReady Discount Codes MyCorporation Review Compare MyCorporation vs. top competitors See 2 MyCorporation Promo Codes Trust & Will Review Compare Trust & Will vs. top competitors See Trust & Will Coupons MissNowMrs.com Review Compare MissNowMrs.com vs. top competitors See MissNowMrs.com Promo Codes Sitey Review Compare Sitey vs. top competitors See Sitey Coupon Codes Net Lawman Review Compare Net Lawman vs. top competitors See 1 Net Lawman Discount Codes CorpNet Review Compare CorpNet vs. top competitors See 7 CorpNet Discount Codes FindLegalForms Review Compare FindLegalForms vs. top competitors See 2 FindLegalForms Coupon Codes Landlord Guidance Review Compare Landlord Guidance vs. top competitors See Landlord Guidance Discount Codes Top-ranked legal forms & template services >>