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Company Loan Type APR Est. Pmt.

why modifaction take such a long time

Posted on: 07th May, 2010 09:34 pm
I in the house going on six years fell on hard times the lender put me on a repayment plan after a couple of the payment plan they told me I was not qulify and am 24 months behind. I went to naca for help and the have bein reviewing the file for the pass 5 mounts still the bank has not made a decision as yet what else can I do to keep the house.
Hi jeneise,

It will be completely your lender's discretion whether or not he would agree to a loan modification. You should request both NACA and your lender to speed up the process so that you are able to modify the loan.

Thanks
Posted on: 08th May, 2010 02:03 am
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