I Can't Pay My Mortgage - Am I Qualified for a Mortgage Modification? »

Posted By altnrg 9 months, 1 week ago in News

Have you been hearing a lot about loan modifications? The term seems to pop up everywhere these days. But what really is a loan mod, and who can qualify for one?
The in's and out's of Loan Modification. We will define who qualifies for a loan modification and why. And why the banks are allowing homeowners to do these mods for free.

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    altnrg9 months, 1 week ago

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    Many times borrowers while being under huge personal financial pressure cannot see the big picture, meaning that the lenders have a business interest to solve their problem with minimum costs which leads to loan modification as one of the optional solutions.

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      THOMNH629 months, 1 week ago

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      actually it is not a big deal the new admin will take care of you I am sure it is in the stimulus package somewhere

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        hemstreets9 months, 1 week ago

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        Check out www.saveoureconomy.com

        It is basically a one year mortgage holiday for all Americans, It is the only plan that will help the average American, not just greedy politicians and Wall Street.

        It was polled this week with the following results...

        The Results in the Nation's Capital are 88% YES in Favor and only 9% No

        And in Pittsburgh the Poll is 91% Yes in Favor and only 8% No

        Oregon was 78% Yes In Favor

        Orlando is 68% in Favor

        Columbus is 81% In Favor

        Los Angeles was 75% in Favor

        I Hope & Pray that our Elected Officials and President Obama will read these Poll results. The People of America understand that our depressed economy needs a genuine Stimulus & Recovery Plan to Jump Start our Nation's Economy, but they Support this Common Sense "One Year Mortgage Holiday" Stimulus Plan to empower the People, Main Street. Not Waste any more Tax Payers Money on bailing out Wall Street!

        Learn more about the logical STIMULUS & RECOVERY Plan that the large majority of American Voters support at WWW.SAVEOURECONOMY.COM

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          orndorffter9 months, 1 week ago

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          Theres always some kind of catch when get a loan from a bank. they say that they well negotiate when your having difficulties but they seem to come back at you with something new, they make their money on the penalties and intrest. First you make your house paymen and it is reall the interst you are paying off befor you ever start your paymen on the house,and lets not forget those penalties.

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