Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Is a loan doc Audit necessary for a Loan Modification to be successful?

April 26, 2017audit DOC loan loan modification necessary successful

0

Posted

Is a loan doc Audit necessary for a Loan Modification to be successful?

1 Answer

0

Posted

No but it is highly recommended as it helps support our case, and provides a legal incentive for the bank to correct the loan, as the validity of the existing loan is compromised due to the disclosure of the errors found within the Loan Documents.