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What is the difference between doing a loan modification myself or hiring an attorney or company?

April 26, 2017attorney COMPANY difference doing hiring loan modification

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What is the difference between doing a loan modification myself or hiring an attorney or company?

1 Answer

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A Loan Modification firm will charge you a high fee ($2000-$5000) to submit the docs that you can submit yourself. Banks are willing to help their clients with a Loan Modification with out an Attorney. What is important, is you have the CORRECT, BANK READY documents ready for submission. Besides, due to recent FTC rulings, only HUD approved agencies can talk to your bank.