SunTrust Mortgage’s latest Making Home Affordable Modification BAFFLES ME - I qualify, but they continue to DENY!

There must be something they are not telling me.  The latest denial is because I show a loss with my rental income.  HUH!?!?!  The regulation clearly states that GROSS rental income is to be used.

Further, this is laughable.  The reason I show a loss is because of Mortgage interest, taxes, and insurance!  I deduct my expenses just like every other homeowner.  It is obvious that they are intentionally denying me.

This entry was posted in Uncategorized. Bookmark the permalink. Post a comment or leave a trackback: Trackback URL.

Post a Comment

Your email is never published nor shared. Required fields are marked *

*
*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>