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The qualifications for loan modification vary based on each homeowner's unique situation. The list provided below indicates commonalities among people who qualify. After reviewing this list, please call us at (888)547-2325 to speak with a mortgage loan modification professional who can evaluate your specific situation.
The following are general stipulations that might qualify you for a loan modification
- You have a variable rate loan and negative amortization
- You have a fixed rate loan with a very high interest rate
- Your loan requires a penalty for prepayments
- Personal or Economic hardship such as death of a spouse, loss of employment, injury, accident, illness or divorce
- You are behind payments and unable to become current
- Lending violations in your original mortgage
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Saturday, September 04, 2010
Additional Loan Modification Resources
Application Options
We offer a variety of loan application options, including a Quick Application, a Standard Application, and a 5 Step Application.
Click here to get started!
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