Does loan modification require a certain credit score?
No. Many people who opt for loan modification programs have a lowered credit score because of being late on their mortgage. You can opt for a loan modification program through loss mitigation firms with a low credit score as there are secondary markets that make sub-prime loans for those with low credit scores that can help you. In most cases, your lender will be aware of your credit score and will be seeking to recoup their money and avoid foreclosure, so the credit score will not affect the loan modification.
