leighlababy2002 asked:


Hello,

Does anyone know what the procedure is for a loan modification in New York State? Is there a certain amount of income that you have to make to qualify? Just what are the guidelines for a loan modification & are there reasons why someone would be turned down? Also, is it better to try a work out a modification with my current mortgage company or should I seek out another lender?

Lois

Kim asked:


i have a 1st with wells fargo and a heloc with chase. I want to try loan modification but I don’t know what to say of if it is worth it?

Grace

?Sweet? asked:


How much more affordable did a loan modification make your mortgage payments and what terms were changed on your loan?

Manuel

lynne asked:


i know little about what a loan modification does, from what i’ve heard i can only benefit from it but i am afraid there are bad things that come with it, if anyone can tell me more about it i’d appreciate it. also i’d like to hear about how much it costs?

Maria

Bee asked:


Hi I’m still up to day payment with pay min. require to lender. Is it easy to call lender to ask for Loan Modification to get lower rate and fix term or should I pay to law office and pay certain fee to deal with lender. Because I heard it not easy to get loan modification unless I didn’t make payment for couple months otherwise I had to know how to prevent to convince the lender to accept it.

Thanks

Ron

Marcello asked:


I am facing some hardships by have managed to keep everything current. I am looking at contacting WAMU who owns my home loan and asking for a lower rate, but I am current on everything and wonder if I would just be wasting my time.

Vivian

rrollin08 asked:


my sister wants to do a short sale, butwhat if it doesn’t sell? can she do loan modification ?

Jeanne

?Sweet? asked:


How much more affordable did a loan modification make your mortgage payments and what terms were changed on your loan?

Floyd

Grimface1 asked:


I am current on my mortgage and I have never missed a payment. I have read that If I am behind the lender is more willing to work with me. Are those loan modification companies offering to assit with your loan modification legit?

Stephen

tonioah asked:


I am a Realtor and was wondering if it is legal to assist people obtain a Forberance Agreement, Loan Modification, Partial Claim…in order to avoid a Foreclosure and get paid upfront fees for doing so?….The fees are reembursed if nothing gets approved…would these services be legal? I appreciate any feedback…Thanks.

Martha