Loan Modification
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Loan Modification (by Shannon [VA]) Apr 10, 2009 5:42 AM
       Loan Modification (by AAA [NH]) Apr 10, 2009 6:42 AM
       Loan Modification (by Shafted Tax Payer [VA]) Apr 10, 2009 10:38 AM
       Loan Modification (by Shannon [VA]) Apr 10, 2009 10:48 AM
       Loan Modification (by pmh [TX]) Apr 10, 2009 1:55 PM
       Loan Modification (by Natalie [CA]) Apr 10, 2009 5:07 PM


Loan Modification (by Shannon [VA]) Posted on: Apr 10, 2009 5:42 AM
Message:

State Specific Question About: VIRGINIA (VA)

Has anyone had any luck with a loan modification for investment property or primary? I called my lender and they said they do loan mods on investment property. However, you have to fill out a hardship letter and provide bank statements. I am afraid that if they see my savings acct. they will say u aren't having hardship. But I don't want to exhaust my savings on this depreciating home. Would it be wise to take out my savings and wait 2 months and then apply for the modification. I don't want to do a short sale.

Thanks --70.182.x.xxx




Loan Modification (by AAA [NH]) Posted on: Apr 10, 2009 6:42 AM
Message:

You made a bad investment, you need to eat the loss not taxpayers. --98.229.xx.xxx




Loan Modification (by Shafted Tax Payer [VA]) Posted on: Apr 10, 2009 10:38 AM
Message:

How much of MY money do you feel entitled to while hiding yours? --66.137.xxx.xxx




Loan Modification (by Shannon [VA]) Posted on: Apr 10, 2009 10:48 AM
Message:

Probably the same amount I am paying for others and their situation. --70.182.x.xxx




Loan Modification (by pmh [TX]) Posted on: Apr 10, 2009 1:55 PM
Message:

touche Shannon....

loan modifications do not affect tax payer. borrower still on the hook. I'm ok with helping someone keep paying on an adjusted schedule. --97.94.xxx.xx




Loan Modification (by Natalie [CA]) Posted on: Apr 10, 2009 5:07 PM
Message:

Banks want to see your checking account.. to see what your income and expenses are... you might want to confirm with your lender. --71.198.xxx.xxx





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