How did a loan modification benefit you?

Posted by admin on June 25, 2010 Leave a comment (1) Go to comments

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 much, but the term did.

loan modification
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1 Comments.

  1. David M June 25, 2010 at 9:34 pm

    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 much, but the term did.
    References :

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