Loan Modification Program Series 1: Citigroup, CitiMortgage Program
The program began November 11, 2008 and will continue until May 2009. The program will reach out to homeowners in need of assistance and will not initiate a foreclosure or complete a foreclosure sale on any eligible borrower where Citi owns the mortgage.
Program requirements:
- Must be 1st mortgage and be owned by Citi
- Must be primary residence and owner occupied
- The borrower must be working in good faith with Citi
- The borrower currently may not be behind on their payments but may require help to stay current
- Current monthly mortgage payment exceeds 38% of gross monthly income
For more information or to determine eligibility, contact City at (800) 667-8424 or visit www.mortgagehelp.citi.com
Should you have any questions or need further information, please don’t hesitate to contact me, (775) 220-1630
Or visit my blog at www.SellingNorthernNV.com
Joshua Talayka
Chase International
Office: 775 850 5900
Toll Free: 877 922 5900
Cell: 775 220 1630
Fax: 775 850 5901
985 Damonte Ranch Pkwy, Ste. 110
Reno, Nevada (NV) 89521
About The Author
In most countries, a number of more or less standard measures of creditworthiness may be used. Common measures include payment to income (mortgage payments as a percentage of gross or net income); debt to income (all debt payments, including mortgage payments, as a percentage of income); and various net worth measures. In many countries, credit scores are used in lieu of or to supplement these measures. There will also be requirements for documentation of the creditworthiness, such as income tax returns, pay stubs, etc; the specifics will vary from location to location.
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