Servicer: America's Servicing Company ("ASC")
|Leslie D.||Old Loan||New Loan|
|Loan Type||5 Year Adjustable Interest Only||30 Year Fixed|
Includes Principle and Interest
Includes: Principle, Interest and Taxes
TOTAL SAVINGS: This loan modification resulted in a Total Monthly Savings of $880.02 for our client and amounts to an estimated savings of over $290,000 off the amount financed over the life of the loan. All delinquent payments and delinquent taxes were capitalized into the principle balance of the loan and the second mortgage was deferred until Leslie D. can financially afford the second mortgage payment or until she refinances or sales the property.
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