Loan Modification Forum - LoanSafe.org - View Single Post - Who is elligible for a loan modification?

If you have the ability to pay, then they will work with you. $60k would motivate them to be very short with you on your repayment options and they may try and put you on a plan that may be unaffordable in the long run. So be careful.

You have the ability right? Have you spoke with them?

__________________
Moe Bedard
Founder

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11-13-2007, 05:37 PM	#5 (permalink)
Moe Bedard Founder Join Date: Aug 2007 Location: Southern California Posts: 16,887 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Who is elligible for a loan modification? If you have the ability to pay, then they will work with you. $60k would motivate them to be very short with you on your repayment options and they may try and put you on a plan that may be unaffordable in the long run. So be careful. You have the ability right? Have you spoke with them? __________________ Moe Bedard Founder LoanSafe.org "America's #1 Home Loan Forum" LoanWorkout.org "America's # Loan Modification Blog" Get My FREE Loan Modification E-Book \| Please donate to LoanSafe.org \| Loan Modification Training For Attorneys \| Rate Your Mortgage Servicer The comments by me and the materials available at this web site are for informational purposes only and not for the purpose of providing legal advice. Most of the information you find here is easily available on the internet. You should contact your attorney to obtain advice with respect to any particular issue or problem. The opinions expressed at or through this site are the opinions of the individual author and may not reflect the opinions of the firm or any individual attorney. Please Read our Privacy Policy and Legal Disclaimer Here.