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What else can I help you with?
If you did a loan modification on your mortgage do you qualify for the first time homeowner tax credit?
No, the tax credit only applies if you purchase your first home in the specified time period. A refi or modification would not count as a purchase.
Can you do a loan modification if you are not working?
In order to get a loan modification you need to have a job. Lenders will have difficulty agreeing to any kind of reduction in your mortgage if you are unable to make payments.
Who can provide Loan Modification Success?
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.
How do you get loan modification?
You have to apply to your lender for a loan modification. Some people use attorneys to make application on their behalf, and others choose to go the "do it yourself mortgage modification" route. If you decide to do your own home loan modification, make sure you get your paperwork correct. You need to know precisely what your lender requires, otherwise your application will be rejected. It may be a good idea to buy a loan modification system that can show you, step by step, how to go about the loan modification application.
Where can one get a secured homeowner loan?
A secured homeowner loan basically lets you borrow against the equity you already have in your home. If you are in need of this type of product you should check with your mortgage company first.
Is a closing agent required for a loan modification in New York?
The answer is no. I am a Certified Signing Agent and I am also a Loan Modification Consultant, but that does not mean that I need to be one in order to become a loan modification consultant. Glena
If you did a loan modification on your mortgage do you qualify for the first time homeowner tax credit?
No, the tax credit only applies if you purchase your first home in the specified time period. A refi or modification would not count as a purchase.
Can you do a loan modification if you are not working?
In order to get a loan modification you need to have a job. Lenders will have difficulty agreeing to any kind of reduction in your mortgage if you are unable to make payments.
Who can provide Loan Modification Success?
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.
Where do I apply for a home loan modification refinance?
You need to contact your current mortgage lender to apply for this type of refinance. Since it is only a modification of a current loan, they will need to be the ones you go through.
How do you get loan modification?
You have to apply to your lender for a loan modification. Some people use attorneys to make application on their behalf, and others choose to go the "do it yourself mortgage modification" route. If you decide to do your own home loan modification, make sure you get your paperwork correct. You need to know precisely what your lender requires, otherwise your application will be rejected. It may be a good idea to buy a loan modification system that can show you, step by step, how to go about the loan modification application.
Where can one get a secured homeowner loan?
A secured homeowner loan basically lets you borrow against the equity you already have in your home. If you are in need of this type of product you should check with your mortgage company first.
What is the process for applying for a government loan modification?
To apply for a government loan modification, you typically need to contact your loan servicer, provide financial information and documentation, complete an application form, and wait for a decision from the servicer.
Consumer Alert - Advance Fees and Loan Modification Services If you are behind in your mortgage payments you may be contacted by individuals or companies that will offer to help you work out a loan?
Loan modification companies who ask for upfront fees or charge may be questionable. Best practice is to make an agreement of a service charge once the loan mod application is approved by creditor. There are many payment schemes for this but do not go for advance payments.######Another viewpoint by Gail Simmons:A little known fact is that banks and loan servicers hate working with loan modification companies and attorneys. You, as the homeowner, are your best advocate. You will fight the hardest to keep your home using a loan modification. You just need the right tools and strategies to overcome the stall tactics loan servicers like to use.You can check out the resources available at http://LoanModificationHomeownerResources.Org
Does a spouse need to sign a loan modification if separated in GA?
If responsible for the loan- yes.If responsible for the loan- yes.If responsible for the loan- yes.If responsible for the loan- yes.
Can I qualify for a loan modification regardless of my Loan Type ?
A loan modification is up to the discretion of the lender. The type of loan doesn't really matter as much as the willingness of the lender to work with you.
Can a mortgagee include late charges on loan modification?
No because a loan modification is set in place to give the client a fresh start. The client should waive all the late fees that he/she had before the loan modification.
