Results 1 to 2 of 2

Thread: Anybody tried loan modification?

   
   
  1. 03-07-2009, 05:41 PM #1
    Magic69's Avatar
    Magic69
    Magic69 is offline Green Belt  
    Join Date
    Oct 2007
    Posts
    434
    Blog Entries
    6

    Default Anybody tried loan modification?

    This isn't an invite for spammers to post links, just to clear that up.

    I'm just curious if anybody has tried modifying their loan and, if so, what was your experience like?
    Reply With Quote Reply With Quote
  2. 04-07-2009, 06:22 PM #2
    Greg's Avatar
    Greg
    Greg is offline Super Moderator   
    Send a message via ICQ to Greg Send a message via AIM to Greg Send a message via MSN to Greg Send a message via Yahoo to Greg
    Join Date
    Dec 2006
    Location
    Chillicothe, Ohio
    Posts
    58

    Default

    From reading what others have said the successful modification rate is very low and the consumer ends up paying up front money that they lose.

    I feel that this will be a dying market as more people are aware of the laws passed under the Obama Administration to help homeowners.

    Simply calling your mortgage holder and asking for modification under the Home Affordable Modification Program is all you need to do now.
    Greg Phillips
    Manager
    Fairfield Mortgage Company
    "I can lend in 50 states"
    Home Blog Forums
    Reply With Quote Reply With Quote
« What are the rules and guidelines for collections? | Men, Their Women, and Money »

Similar Threads

  1. Can I transfer an old car loan balance to a new car loan without a trade in?
    By navjeet8 in forum Credit Questions and Answers
    Replies: 2
    Last Post: 05-14-2008, 08:05 PM

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

Forum Rules