How long does a loan modification typically take to process? May the process be expedited if I am facing foreclosure?
A. All loan modification situations are unique and follow their own timeline. Typically a loan modification is completed within one to 2 months from the time we have a complete loan modification package ready to present to the lender. The timing depends on how fast we can begin negotiating with your lender. If you are imminently facing foreclosure or even if an auction date has already been set, the process can certainly be expedited and we may even have the lender postpone the auction date. Contact us now at 1-800-590-8527and a Loss Mitigation Consultant will help you get started.
Related Questions
- How long does a short sale typically take to complete? Can the process be expedited if I am imminently facing foreclosure or an auction date has been set?
- How long does a short sale typically take to process? May the process be expedited if I am facing foreclosure or an auction date has been set?
- Can the process be expedited if I am facing foreclosure or an auction date has been set?
