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Are there any loan modifications programs for non- Freddie Mac/Fannie Mae loans?

by lukester991 from , California. Dec 23rd 2013 Reply


Joe Metzler (JoeMetzler)
#17 ranked lender in Minnesota - 4,848 contributions

Contact your existing lender about modification programs.

Dec 24th 2013
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Phil Dumouchel (PhilDu)
#32 ranked lender in South Carolina - 2,249 contributions

A modification is a request to your current lender to change the terms of your mortgage based on hardship circumstances, contact your current lender to find out their process. Otherwise you can look into refinancing and will need some equity in your property, the amount will vary based on the type of loan.

Dec 24th 2013
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Jason Vondrak (jvondrak)
#220 ranked lender in California - 1,741 contributions

Like others have stated, contact your current lender to see if they offer any modifications.

Dec 24th 2013
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