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CA Department of Real Estate BROKER License
About:
I hold a California Department of Real Estate BROKERS license, not just a salesperson license. My background also includes many years as a mortgage broker;
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Jay Gedanken answered:
Mo,'
There are a lot of qualifing factors. Just being upside down in value in most cases is not enough for a lender to modify a loan. Have you had a change in your income since you got the loan?
It also depends on which lender. Some are better to work with than others. You should try to contact the lender. Bear in mind that it can be very difficult to get it done by yourself and you may want to work with a reputable firm that does loan mods.
I know of a very respectable and top rated law firm that has an excelent track record and no consumer complaints.
Contact me and I can give you a lot more info on qualifing for a loan mod, whether you do it yourself or hire somone to represent you.
Jay Gedanken
jay@saveyoucash.com
There are a lot of qualifing factors. Just being upside down in value in most cases is not enough for a lender to modify a loan. Have you had a change in your income since you got the loan?
It also depends on which lender. Some are better to work with than others. You should try to contact the lender. Bear in mind that it can be very difficult to get it done by yourself and you may want to work with a reputable firm that does loan mods.
I know of a very respectable and top rated law firm that has an excelent track record and no consumer complaints.
Contact me and I can give you a lot more info on qualifing for a loan mod, whether you do it yourself or hire somone to represent you.
Jay Gedanken
jay@saveyoucash.com
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