Loan Modification

Author Message
valca3

Guest






PostPosted: Thu Nov 05, 2009 8:45 pm    Post subject: Loan Modification

Sad we have been trying to get a loan modification since march 2009 just yesterday lender decided they can only offer option of a Shortsale is their any other options to try and see if lender will re-consider loan modification option?
_________________
Need help choosing the right loan? Get free consultation from community lenders/consultant
Icon Mini Profile adonis
adonis



Joined: 22 Oct 2005



Posts: 3852
Location: ALASKA
120.89 Dollars($)
PostPosted: Thu Nov 05, 2009 11:52 pm    Post subject:

Hi valca,

You can try for another negotiation with your lender. You can apply for a loan modification once again and check out if he agrees to it. You may even take the help of a loan modification company so that they can negotiate on your behalf. However, loan modification companies can turn out to be scams. So, before taking their help, check out if they are legitimate or not.

_________________
Procrastination is the enemy of your financial sucess
Icon Mini Profile getconrolofyourbills




Joined: 04 Nov 2009

Posts: 7
Location: USA
2.56 Dollars($)
PostPosted: Fri Nov 06, 2009 11:26 am    Post subject:

Hi Valca,

For whatever reason, lenders often do not respond favorably to a homeowners request for a loan mod, but often do respond favorably to an attorney.


Thanks,

Frank Aaron
Processing Agent
PSG Attorneys

[Promotional text deleted as per forum rules. Thanks.]
Quick Reply
Your Name
Subject
Message body

All times are GMT - 7 Hours
Page 1 of 1

 
Ask Questions
Community Experts
Cliff Pape - market Analyst Cliff Pape
Market Analyst
Houston, Texas







Highlights
Related Readings
Bankruptcy
Mortgage Loan Modification
Mortgage after foreclosure
Avoid Foreclosure


Helpful References
Mortgage Terms
Mortgage News
Book Center
Mortgage Guide
Shop and Compare lenders


Our Community
MortgageFit Blog
Community Professionals
Community Rewards
Introduce yourself
Website tools


Community Rewards
Five simple ways to earn money with the Mortgage Community.

New and upcoming tools
Credit Repair Tool New
Mortgage Planner
Simple Budgeting Tool






DebtConsolidationCare    Insurance community: We Make You Insurance Smart    CreditMagic: Helping you build up credit


We have chosen to apply the Creative Commons Attribution License to all works we publish. This work is licensed under cc by 2.0