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Q: When you are on a current mortgage your attorney offered you a loan modification should you accept it?
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Hi. My loan was modify about 3 months ago. I was told from my attorney and also from the mortgage company that the loan modification amount is include it with insurance and taxes (it was not on writing ) so I end it up accepting the offer that mortgage company has offered but the taxes and insurance was not include it to that payment n !. The mortgage balance at the time when I applied for Mod was $199K and when I accept it the Mod went to $215K but the payment was lower to $210 less that what I was paying before. The main reason that I accepted was that I did not wanna loose my house and the other reason was that I trusted my attorney. Now am I eligible for another loan modification ?


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