Loan Modification Forum - LoanSafe.org - View Single Post - Hired a company for Loan Modification

Usually that is in regards to your debt to income ratios. Most likely your housing ratios in relation to your income. For example, say you make $1,000 a month, well if your housing ratio is at 34%, this would mean your payment would have to be $340 for you to qualify.

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Moe Bedard
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06-14-2009, 09:33 AM	#4 (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: Hired a company for Loan Modification Usually that is in regards to your debt to income ratios. Most likely your housing ratios in relation to your income. For example, say you make $1,000 a month, well if your housing ratio is at 34%, this would mean your payment would have to be $340 for you to qualify. __________________ 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.