Description
Do try to avoid talking with collection departments about your loan modification request because they are specifically brought in to collect payments.
Try to find out the general guidelines for qualifying, dpending on the type of property you won.
Its advisable to get a application from the loss mitigation department, so that you could have a full review of the same. Pen down a letter, clearly stating the forcing circumstances for your hardship, and how are you planning to resolve them and your intentions to take make the loan payments a priority. Analyze you family needs and work out a budget by giving importance to all the necessities, and determine a affordable amount for mortgage payments.
For any sort of clarification, at your convenience, try to reach us at: 800-300-8450
Lapins team would analyze each case on its own unique merits ensuring the maximum opportunity to help you lower your interest rate, drop your monthly payments, extend the fixed rate term, take care of any past due payments and yes, even Reduce your Principle Balance
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