Note Modification Event - Craneway Pavillion, Richmond, October 16-20

NACA Save The Dream is hosting a Note Modification event in the Craneway Pavillion, Richmond from October 16 - 20.

This event is structured to try and assist homeowner's attain a Note Modification. It starts with an orientation for 500 homeowners at a time. The homeowners bring their financial and hardship documentation, meet with individual NACA counselors who determine the payment the homeowner can afford, scan the documentation and submit it to the mortgage servicer. The homeowner then goes to meet with their servicer who is right next to the counseling area. In some cases, the homeowners receive their note modification on the same day. Read the entire article.

The documentation typically required to consider a Note Modification is:

- Copies of all paystubs for the most recent two (2) months

- Copies of the last two (2) months statements - all pages - for checking, savings, investment and retirement accounts, as applicable

- Copies of your Federal Tax Returns for the last two (2) years, including W-2's. If you are self-employed, copies of your business tax returns will also be required plus a year-to-date Profit & Loss statement

- Completed Financial Statement reflecting all income, assets and liabilities

- A Hardship letter