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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?

adonis · Posted: 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.

getconrolofyourbills · Joined: 04 Nov 2009 Posts: 7 Location: USA 2.56 Dollars($)

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

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