Modification of a loan is done with the company or institution that is holding your loan. There is a customer service number on your note to call.
Call them and ask them to help you modify your loan. Call them and ask them to help you modify your loan.
Yes
First apply for a refinance and, if that doesn't work, call your current loan servicer and ask them to either "rewrite" your loan or modify it.
Refinancing a mortgage can sometimes save money in the long run. Many times the original lender can modify the loan. Other times borrowers can find a new lender to purchase the loan from the original lender.
No one can guarantee that your home loan modification will be a success. It ultimately depends on your Lender as to whether or not they choose to modify your loan. However, if you provide your Lender with all of the documentation that they require, in the manner that they need it, then your chances of a successful loan modification will be greatly enhanced.
Bank of America offers different modification programs which may be available to qualifying borrowers who are experiencing financial hardship. The goal of these programs is to modify your home loan so the monthly payments are more affordable and sustainable.
Get individual legal consultation NOW. NOT from anyone involved with providing a loan or finance. Frankly, your question shows such a lack of understanding about what happens in BK, and your options - and likely even your situation today...you need to do this NOW!
Only Owner occupied homes are allowed to receive a modification under the "Making Homes Affordable Plan" put into action under Obamas administration. Yes and no...
A home equity loan is a type of loan in which the borrower uses the equity in their home as collateral. There is no restriction on how we can use the money from Home Equity Loan.
Yes, although mortgage companies are more likely to modify a loan in default.
True, home equity loan.
Absolutely!