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.
So assuming you want to keep your home, and fight, to do so lets establish your ultimate goal of your loan Modification. Based on information from the e-book Loan Modification Done Right by Mike Dunn, Here are the main characteristics of your loan that can be modified.
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