Category Archives: loan modification processing

If I recently did a loan modification and I miss a mortgage payment can my lender foreclose on me immediately?

Posted on February 5, 2012 by

How soon before a lender will start the foreclosure process? Is it after 60 days or is it immediately?

Posted in loan modification processing | Tagged , , , , , , , , | 4 Comments

How long does it take to get qualified for a loan modification?

Posted on January 30, 2012 by

Its been two months and they keep telling us its in process. We dont know if we have to move out or not we are two months behind. Any suggestions? Will they foreclose while we are waiting? The Co. is … Continue reading →

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Question about loan modifications?

Posted on January 24, 2012 by

When you are going through the loan modification process, are you required to pay your mortgage after your house has been taken out of foreclosure?

Posted in loan modification processing | Tagged , , , | 1 Comment

Is anyone having any success with loan modification?

Posted on January 18, 2012 by

Please only answers from people that are in the process or thinking about it. We had a horrible situation with a company we hired to try & get us a modification. They did NOTHING & we’re having a hard time … Continue reading →

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If my mortgage lender (BOA) won’t give me a loan modification, should I try with another company?

Posted on January 12, 2012 by

I’m in the foreclosure process trying to hold onto my home the best I can. BOA won’t give me a modification because they say my income and expenses exceed their guidelines! I cannot bring to the table all of the … Continue reading →

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what does underwriting a loan mean? (Modification)?

Posted on January 6, 2012 by

I’m in the process of a loan modification, they always tell me it’s underwriting. what does that mean?

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Foreclosure and loan modification?

Posted on December 31, 2011 by

Which takes precedence? if someone receives notification of a foreclosure while a loan modification is being processed should they adhere to the notice to vacate or hang out for the loan modification to be approved or denied…..

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Almost a year and still in the process of loan modification?

Posted on December 25, 2011 by

I put 20% down when I bought my house in 07/2005 at $161k. Last year in December, I have filed for a loan modification. To current date, I have not been paying my mortgage since 12/2005. I have worked with … Continue reading →

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My mortgage company is messing with me. I have continually asked for a loan modification?

Posted on December 19, 2011 by

I filled out all the proper information for they required but for some reason they continually are prolonging the process. it’s been over 4 months now and they have thrown every excuse possible at me. I am not sure Y. … Continue reading →

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Any questions on Loan Modification?

Posted on December 13, 2011 by

I work for Wells Fargo Home Mortgage in a call center for the Loss Mitigation department. I see a lot of people having false beliefs about loan modification and its process. I would like to offer any answers I can … Continue reading →

Posted in loan modification processing | Tagged , , | 3 Comments