Posted on: 10th Jul, 2009 09:30 am
We want to keep our home and have just started the loan modification process, the lender has asked for Profit & Loss Statements for the first half of this year...well I had little to no income...but the next 2 months will be great (I am a real estate agent) I am worried that if I show no income they will not work with me, but I don't want to loose my home, I just need time for these deals to close...any suggestions?
They will only work with you if you can show the ability to pay. Do you have contracts in the works right now?