Posted on: 27th Oct, 2010 07:38 pm
what be a good reason to be approved for loan modification? would excessive obligations be sufficient? we have one lender for 2 morgages, will the lender approve two morgages to be modified?
Hi Guest,
You will get a loan modification if you're delinquent on your mortgage payments. The lender will check your financial situation before giving you a loan modification. If he is convinced about your financial hardship, then the lender may consider your request.
You will get a loan modification if you're delinquent on your mortgage payments. The lender will check your financial situation before giving you a loan modification. If he is convinced about your financial hardship, then the lender may consider your request.