Posted on: 04th Oct, 2010 06:11 pm
Can back payments be applied to the end of loan if you are going to try to remodify
Hi Roland!
Welcome to forums!
It is true that when you go for a loan modification, the late payments will be added to your mortgage principal and your term of loan payment will be increased so that you can pay off the loan in full.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
It is true that when you go for a loan modification, the late payments will be added to your mortgage principal and your term of loan payment will be increased so that you can pay off the loan in full.
Feel free to ask if you've further queries.
Sussane