salem_cole asked:


Would like to do a loan modification for an existing mortgage. They want funds before they will do it? Is this necessary?

Floyd

MDJLT asked:


I am trying to get a loan modification with ASC….anyone been successful and have tips???

Jay

Jennifer L asked:


Is it good to ask my mortgage lender for a loan modification? or I should just shop around with loan modification companies?

Duane

BobbySaka asked:


We are considering to do a Loan Modification on our Home Loan, and we are kinda skittish on paying up front!

Robert

Frustrated asked:


All these banks got the money and many people need them, but none of the banks are making it easy to do it. Does anyone know how to get a loan modification if you your variable loan is about to change or if you owe more on your house than it is worth?

Roberto

redman32 asked:


I have heard that once a loan is packaged and sold to investors on wall street, then there is nothing that can be done because the loan servicer does not hold the actual note. The reason i am asking is that there are alot of attorneys and other real estate professionals offering loan modification services for a fee but I do not want to get scammed if there is no such thing as a lon modification.

Marvin

spirtnezz@sbcglobal.net asked:


The price of my home has dropped 30% since I got the loan.

Marie

Pamela T asked:


Is it easier to modify a loan if you don’t fit the underwriting guidelines for an FHA refinance?
Not in foreclosure; just have a high-interest rate ARM and too high of a DTI.
Thanks for your input.

Kimberly

Information guru asked:


I have a temp agency who is trying to set me up with a temp to hire position in inside sales selling loan modification products to homeowners whose homes are about to go into foreclosure. I know there are a lot of homes right now going into foreclosure, but should I consider this opportunity? This is a new business getting started with seven reps that eventually will eventually expand to 30 reps. I may have the opportunity to get into management if I do well to begin.
In reference to first answer, this is one of the concerns I have had about the position.

Howard

June H asked:


I need to modify my mortgage the monthly payment is 2,615 at nine and a quarter it is interest only i taught i would of sold it before the interest went up but it didn’t so here is am i lost my job and got a cash one for 400 a week so i can not keep up with the payments they are saying i don’t make enough money to modify i would like to know if anyone one could give me advice on how much more i would need to get a modification. Please no rude people just need some advice. Thanks so much.

Lewis