Posted on: 23rd Jun, 2009 11:45 am
Will the mortgage company still file a deficiency judgement if my loan had pmi insurance?
Hi Jasmine!
Welcome to forums!
Not all borrowers qualify for loan modification. Unless you satisfy all the required criteria of the lender, you won't be able to qualify for mortgage modification. You should once again reapply for loan modification and check if they can assist you. If not, then you should apply for a deed in lieu of foreclosure and try to get rid of the property.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
Not all borrowers qualify for loan modification. Unless you satisfy all the required criteria of the lender, you won't be able to qualify for mortgage modification. You should once again reapply for loan modification and check if they can assist you. If not, then you should apply for a deed in lieu of foreclosure and try to get rid of the property.
Feel free to ask if you've further queries.
Sussane
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