Foreclosure in Algonquin>Question Details

Debbi Davis, Home Buyer in Lac du Flambeau, WI

Has anybody ever gotten a mortgage company to reduce the principal balance - even just a little bit - during a loan modification?

Asked by Debbi Davis, Lac du Flambeau, WI Wed May 30, 2012

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1
Debbi,

Yes. I read of a case in Florida where the Bank reduced the principal balance on a loan modification. I know this isn't common but it's certainly possible.
0 votes Thank Flag Link Sun Aug 5, 2012
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