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Loan Modification on NON-Fannie Mae/Freddie Mac Property

Posted on: 24th Oct, 2010 04:37 pm
everything i've read on loan modification programs state that your property must be a fannie mae/freddie mac property. our property is not, does this mean that we do not qualify for a loan modification? do we have any other options since we cannot refinance either?
Welcome smokegirl,

You will not be able to qualify for the Home Affordable Modification program. However, you can contact your lender and apply for a normal modification. There are chances that you may qualify for a normal modification.
Posted on: 24th Oct, 2010 07:41 pm
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