Another Vokshori Law client has been approved for a Home Affordable Modification Program(HAMP)
Permanent Modification with SPS!
He was offered a step-rate, which will start at 3% for the first 5 years with a PITI payment of $2,378.95 and will cap off on year 6, for the life of the loan, at 3.5%. They also deferred $8,272.22 of his principle balance. His previous payment was $3,684.11 (inc. PITI) with an adjustable 6.75% interest rate.