We Bought our home back in 1998. for about fifty six thousand dollars, at a 12.99% fixed interest rate.
we had been making monthly payments of six hundred fifty two dollars for the past almost one month shy of eleven years. we begin having trouble paying our mortgage payments in April 2009. because of the type of business that we are in which is construction. we hired and paid a loan modification agency and vmf would not agree to a loan modification.
so after trying to come to an agreement with them. they have repossessed our home and we still owe them forty five thousand dollars.
and to make things worse they will not move the house out of our property untill the house sells. these people are ripp offs.
Product or Service Mentioned: Vanderbilt Mortgage Loan Modification.