Mortgage Loan Modification

If you have a loan balance of $200,000 with 8% interest and $1,700 payment, you could ask the lender to modify your loan ( they want to keep their good customers so they sometimes do this). They could change your balance to $150,000 and leave the payments the same, interest the same. They could change [...]

I trying to due a modification on my house loan I am behind a few payments dose any one know any thing about it and what are the requirements I heard people doing them and banks lenders are helping them thank you Do you have a subprime loan? First step is to contact your lender [...]

Explains issues involved – general Duration : 0:4:27