Do i need a Loan Rate Modification?

Here is a new Post at Do i need a Loan Rate Modification?.

Please go to for more answers and forms to see what type of qualification, short refinance, forebearance, or deed in lieu of foreclosure. …

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Here is a response on similar topic:-

Adjustable Rate Loan Modification?

i recently got a loan rate modification. this is NOT verbal on the part of the bank, their offer should be in writing to you, and you have to sign it in the presence of a notary. there is a fee for this, mine was 1 point. if its a much lower rate, and its fixed, and you pan to stay in the house for a few more years, it is probably worth it. i saved 130 a month off my mortgage payment. you need to move fast because the offer will probably have an expiration date

FYI, here is a list of recently published Posts on same topic:-

WaMu Mortgage Modification Help – DIY Tips & Guidance on WaMu Mortgage Approval Process

I though that might be of interest :-)

Here is a news article on related topic:-

Federal and local housing help available to LIers

Under the plan, struggling homeowners have two options: get a loan rate modification or refinance. Experts say homeowners with no source of income or no

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4 Comments

  1. Andres Clukey says:

    Hey! I admire your writing and the way you explain loan modification help. Some of the comments on here too are insightful. I appreciate you. keep it up!

  2. Erminia Badour says:

    To get loan mod approval, be familiar with all the new procedures and regulations for arranging loan mod in you area and for your particular loan company through the help of a professional who is proficient in processing successful loan mod applications. Don”t also overlook to get all the important forms prepared ahead of presenting the application to your lender .

  3. Johana Makley says:

    To acquire loan modification acceptance, be informed about all the new laws and regulations for organizing loan mod in you area and for your specific loan company utilizing the help of a professional who is knowledgeable in submitting successful loan modification applications. Don”t also forget to get all the necessary papers ready before presenting the application to your loan provider .

  4. Jospeh Ardner says:

    To get hold of mortgage loan modification approval, get yourself aware of the new laws and regulations for preparing loan mod in you area and for your specific mortgage company using the help of an expert who is proficient in submitting successful loan mod applications. Don”t overlook to get all the needed documents ready before submitting the application to your bank .