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The loan modification is being done for your primary residence not an investment property |
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| Although, as I am handwriting this banks are acceptable more lenient to provide a loan modification for an investment property. |
The earlier you get started, the better your chances are of negotiating a fixed amount and a payment that meets your in progress budget. If you can Iowa Loan Modification afford your home and not just your loan, then you may be eligible for a loan modification. Modifying your loan will pennies your existing mortgage note and give you a fresh modern alpha in house. In addition, your status will become "current" immediately.