Posted on: 20th Mar, 2010 09:46 am
Can a lender foreclose on a home that is being considered for loan modification?
Welcome pestxterminator,
If your mortgage is being considered for a modification, then the lender will not foreclose the property. However, if your loan modification request has been denied by the lender and if you're unable to pay off the loan, then he can foreclose the property.
If your mortgage is being considered for a modification, then the lender will not foreclose the property. However, if your loan modification request has been denied by the lender and if you're unable to pay off the loan, then he can foreclose the property.