How difficult is a loan modification?
Question by toohotnky: How difficult is a loan modification?
I am in the process of negotiating a loan modification for our mortgage. Is it always this hard? Do you really have to negotiate constantly with the mortgage company? It seems like its never going to end.
Best answer:
Answer by Andre D
Not to difficult we did it it all depends who you have your home loan with. It really does work i was paying 1.590 a month and know i am paying 758.00 YES it does work i told all my friends that are in need of some help and they also did it. Try it, they ask for a few things and you do have to wait like 90 days but it is worth the wait.
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Tags: loan modification, Mortgage Company
Check out this website for tips, hints, information and to talk to others who are going through the same thing you are with your modification:
http://www.loansafe.org/forum
Negotiating with your mortgage company can be difficult and time consuming. That is why many people choose to hire a company to do it for them.
That being said you can do it yourself. There are books and do it yourself kits that provide you with advice, documents and even scripts to use when speaking with your lender. My wife and i did it ourselves based on the information we got in a do it yourself type of kit.
This free report answers many of the questions people have about loan modification and provides links to some resources.
http://www.FreeLoanModificationReport.com