Who Can Use A Home Loan Modification?
It depends on what your current situation is and who your lender is. While most lenders follow the same standards and have the same rules when it comes to loan modification, some do vary. This is why a loan modification attorney is so vital to use. They can easily let you know if you qualify for loan modification. Typically, however, the most common standards include having missed three payments in a row, having experienced a recent financial hardship or change, owning a property and not having filed for bankruptcy. Other factors may come into play, but these are the basic rules you’ll need to follow. How Do I Get a Loan Modification? Getting a loan modification is actually pretty simple when you get right down to it. All you need to do is contact us for loan modification pre-approval, and we’ll do the rest. After answering a few simple questions about your situation and providing proof of income and expenses, a loan modification consultant will get to work on your behalf. That’s all t
