Eligibility

Our most common answer when we ask homeowners’ if they have started a loan modification is “I am not eligible” when that may not actually be the fact. Many people can easily be eligible for a loan modification.

Who is eligible?

You can be eligible for a loan modification if you are struggling to make your payments, if you have a Notice of Default (NOD) or Notice or Trustee Sale (NOTS) filed, a hardship, in a Chapter 7 or 11 Bankruptcy, have a high interest rate, second mortgage, or you are seeking to reinstate your loan.

Documents Required?

The documents required are similar to what you provided when you originally applied for the loan. This includes bank statements, proof of income, and tax returns. These documents in conjunction with documents we request from your lender will be used for your loan modification application.