Posted on: 18th Apr, 2010 04:47 pm
My bank deny my application for a loan modification after the trial that they put me for three months. They say even they give me the modification I will not be able to keep the payment. I'm still making the same hourly rate I made when I purchased three years ago.
Hi hajana,
It is the lender's discretion whether or not to give you a modification. However, it quite surprising that though your wages have not been reduced, the lender is not ready to give you a loan modification. I would suggest you to contact your lender once again and re-apply for modification.
It is the lender's discretion whether or not to give you a modification. However, it quite surprising that though your wages have not been reduced, the lender is not ready to give you a loan modification. I would suggest you to contact your lender once again and re-apply for modification.