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Comments: (3)

What are usual terms for a home loan modification?

Category : home loan

Do they convert a ARM loan to fixed? Do they just lengthen the term of the existing loan? Does the home owner have any choices on terms?

Comments: (8)

how do I qualify for a home loan modification?

Category : home loan

I have a first and second mortgage that is more than the appraised value of my condo. I tried to refinance and now am asking the mortgage company for a loan modification. What is the criteria needed to receive a loan modification?

Comment: (1)

how long does home modification loan last for unemployed people?

Category : home loan

hi!

so if you are unemployed and u have a home modification loan. how long do you think will it last?

so for example:

-u are unemployed
-hve a home modification loan (reduction in home payment)

how long do u get this for?
and

another question:

wat happens if ur uneployment benefits are over and hve no job……….how long do u get to keep the house?

Comments: (11)

Can I still request a home loan modification if I am currently 7 months past due and in foreclosure?

Category : home loan

My townhouse was purchased at $289,000.00 with a 1st interest only and a second. I have been past due for 7 months now and received the notice of default. I just received a notice from the county that my property is now worth $50,000.00. Is it too late to request a loan modification at the current value?

Comments: (4)

Will having a home modification loan affect my financial aid?

Category : home loan

My mother is applying for a home modification loan and it looks like she’ll be approved, if she is approved will this affect how much financial aid i receive?

Comments: (2)

how can i get approve with the DRE to due home loan modification?

Category : home loan

how can i get approve with the DRE to due home loan modification

Comments: (2)

Can i write off my mortgage loan modification fees on my 2009 taxes?

Category : mortgage loan

In 2009 I sent $3,500 to a loan modification company that was suppose to get my home loan modified. Unfortunately for me the company stole my money, went out of business and I never got my home loan modified.

Can I write off the money used to modify my loan? If so, where would it fall under on my 1040?

Thank you for all your help.

Comments: (6)

How to apply for mortgage loan modification?

Category : mortgage loan

I have lost my job and am now working as a cashier at a grocery store. The problem is that my new salary is not enough to cover the mortgage. I am in a very tight situation so I am curious to know my options. I have heard that applying for a mortgage loan modification can help reduce my monthly payments. Has anyone had experience with mortgage loan modification please let me know what are the steps to to lowering my mortgage payments.

Comments: (3)

Loan modification in order to save my house?

Category : saving loan

What do I need for loan modification ?
Can I call my bank and apply?
Do I need to pay ?
Thank you very much for your help

Comments: (2)

Mortgage Crisis (Loan Modification Help)

Category : mortgage loan


loanmodificationhelp.blogspot.com A “loan modification” or “mortgage modification” is when the lender modifies your current mortgage in order to work with you because of a hardship. The purpose of a loan modification is to help make your mortgage loan payment more affordable. New law senate…

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