well recently ive been meeting up with a company that claims a loan modification is a bad idea! For one thing, its only a temporary revilement, that it’s no a good move and are "advising" me to get an attorney so he can represent me but im not sure who to trust now a days. [...]
Category Archives: loan modification
How can I choose a legitimate and "not scammers" loan modification representative"?
Posted by admin on June 25, 2010
5 comments
I heard a lot of loan modification lawyers or representives are scammers which end up denying loan modification process. I also heard that it is hard to get approve now for loan modification. Clarify me on this one too, please? I am interested on getting loan modification so help me to good legitimate and affordable [...]
How did a loan modification benefit you?
Posted by admin on June 25, 2010
1 comment
How much more affordable did a loan modification make your mortgage payments and what terms were changed on your loan? Many years ago when rates were much higher than they are today I did a loan modification to get a lower rate and reduced the term of the loan, twice. The payment didn’t go down [...]
Can I still request a home loan modification if I am currently 7 months past due and in foreclosure?
Posted by admin on June 25, 2010
11 comments
My townhouse was purchased at $289,000.00 with a 1st interest only and a second. I have been past due for 7 months now and received the notice of default. I just received a notice from the county that my property is now worth $50,000.00. Is it too late to request a loan modification at the [...]
How do I qualify for a loan modification?
Posted by admin on June 25, 2010
3 comments
Does anyone knew how could I qualify for a loan modification and what are the requirements needed? The loan modification is only for mortgage loans, not student loans (just wanted to clarify since you’re asking in the financial aid section). A loan modification is completely up to your lender – they are not required to [...]
How to apply for mortgage loan modification?
Posted by admin on June 25, 2010
6 comments
I have lost my job and am now working as a cashier at a grocery store. The problem is that my new salary is not enough to cover the mortgage. I am in a very tight situation so I am curious to know my options. I have heard that applying for a mortgage loan modification [...]
What is the loan modification with your mortgage while in Chapter 13 bankruptcty?
Posted by admin on June 21, 2010
2 comments
After filing Chapter 13 bankruptcy (mortgage included -fixed rate) my husband became unemployed, so we are now 6 months behind on our mortgage and our attorneys are submitting for a loan modification, what is the process? Is a loan modification always granted? My husband is now currently working and has been for 3 months now, [...]