Loan Modification; I am a loan officer in california.I have clients that are going Adjustable?

loan modification
tonioah asked:


I have clients that their Interest Rate is going adjustable….Are Lenders assisting in modifying loans to lock rates and avoid refinancing high LTV’s?

Loan Modification

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Comments

Depending who is servicing their loan it may be possible but not easy to get. Best to call their lender direct and see what they can do for them. There is the FHA Secured loan that is available if they fit within their tight guidelines. With rates so low is there no way you can refinance them?

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