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Denied loan modification

Posted on: 29th Jul, 2013 01:54 am
My loan modification has been denied. What can I do now? Please help...
Hi julliiee,

Well, you can reapply to the lender and ask him to consider your loan modification request once again. You can also look into the facts as to why the loan modification was denied and try to work on them.

Thanks,

Jerry
Posted on: 29th Jul, 2013 02:30 am
Hi julliiee!

Welcome to the forums!

If the lender does not agree to a loan modification in any case, then you will have to get rid of the property. In such a case, you will have to apply for a short sale or a deed in lieu of foreclosure.

Feel free to ask if you've further queries.

Sussane
Posted on: 29th Jul, 2013 08:36 pm
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