If you are in default on your Wells Fargo Mortgage Loan, you probably think foreclosure is inevitable.
You have done everything you know to do, and you can't come up with the amount of money necessary to get out of the situation you are in.
If you had a lot of money, you would not be in this situation to start with, right? Just when you think you have exhausted all your options, you may still be able to work things out through a Wells Fargo Loan Modification.
The 2009 Stimulus Bill had funding to give incentives to banks to work out these sort of dilemmas for homeowners who have found themselves in a pickle.
There are some criteria that a homeowner must meet, for example, financial hardship.
This guideline concerns the events that caused the default on the loan, whether they were unavoidable or the result of irresponsibility.
You should study the guidelines of the program, get all your income and expense documents in order, and then contact Wells Fargo.
They are obligated to allow you to apply, if you meet the guidelines.
They are also required to give due consideration to your application.
The financial incentive from the government program gives them a more receptive attitude toward your application.
You may be able to keep your home, and you will really have a better mortgage package than you do now.
For the duration of your loan, you will enjoy a lower payment that will allow you to have more expendable income for living expenses.
Now, don't you think a Wells Fargo Loan Modification is worth looking into?