Should You Pay Thousands of Dollars to get a Mortgage Rate Modification?
Posted December 23rd, 2008 by adminMaybe…You are not required to pay to get a loan work-out but, most mortgage lenders do not require borrowers to pay for a mortgage modification agreement. However, loan modifications can be complicated and most loan work-outs take 3-4 months to complete. Most mortgage lenders have not invested the build the staff needed to keep up [...]
Tags: foreclosure crisis, loan modification, loan work-out, mortgage modification
Filed under:Loan Modification Tips, Published Foreclosure Article