Archive for February, 2008

what is loan modification?

saira_hssn asked: i have a loan of 500,000 initially with monthly mortgage payments which im doing fine.
now my home value went down to 400,000.
how can i benefit from the loan modification? and also do i have to pay any fees or costs for loan modification.
i really appreciate your replyLoan Modification

What would be the best way to make a loan modification on your mortgage? ?

DIVA asked: Without getting hit with outrageous hidden fee’s. Or is there maybe a way that I may be able to do it on my own? By the way I live in IL and the reason I wont do it with my current Mortgage holder is because everyone says that they are ripoffs, and for [...]

Did a mortgage loan modification help?

♥Sweet♥ asked: How much more affordable did a loan modification make your mortgage payments and what terms were changed on your loan?
Hmmm, thought my question was pretty straight forward. It is not a general question. I am asking about YOUR personal experience, not what happens in general. If you have not personally had a loan [...]