Loan Modification Forum - LoanSafe.org - View Single Post

heehoo22 · 02-02-2009, 09:53 PM

There is no general rule which is why you need to be HONEST with your financial information. There are so many factors that go into reviewing the loans for modifications... but think about this.. if you have a positive surplus, why would you need a modification?

02-02-2009, 09:53 PM	#12 (permalink)
heehoo22 Senior Member Join Date: Jan 2009 Location: California Posts: 141 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: CW Modification in Phase 2 Stage BONY Investor There is no general rule which is why you need to be HONEST with your financial information. There are so many factors that go into reviewing the loans for modifications... but think about this.. if you have a positive surplus, why would you need a modification?