Loan Modification Forum - LoanSafe.org - View Single Post - My monthly deficit too high to get a mod?

B Stevens · 06-12-2009, 07:42 AM

ZAP09 I would have to guess if you are counting the rent as income and the renatal as debt, and the income covers the debt, it would be already factored in. Otherwise, debt is debt and the modifications only cover your primary residence.
I am not 100% sure though.

06-12-2009, 07:42 AM	#36 (permalink)
B Stevens Senior Member Join Date: May 2009 Posts: 124 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: My monthly deficit too high to get a mod? ZAP09 I would have to guess if you are counting the rent as income and the renatal as debt, and the income covers the debt, it would be already factored in. Otherwise, debt is debt and the modifications only cover your primary residence. I am not 100% sure though.