How to qualify for a loan modification

Posted on November 22, 2008. Filed under: Uncategorized |

Which homeowners qualify for LOAN MODIFICATION and how can you improve your chances of success?  While each lender has their own unique guidelines for acceptance, there are some general requirements that borrowers must meet if they hope to get their loan modified to a new, lower monthly payment.  Knowing this information ahead of time will help borrowers submit their application properly and increase their chances of getting the help they need and deserve. Further more a forensic loan audit will help uncover Truth in Lending Act and RESPA violations by the lender, which can provide leverage when negotiating a loan modification.

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