Required Documents for a Loan Modification

In order to properly determine whether a mortgage loan modification is appropriate for your situation a variety of factors must be considered. To effectively evaluate your situation the following documents are required.   Required Loan Modification Documents 3 most recent complete bank statements including checking and savings accounts 2 most recent pay stubs 2 most recent state and federal tax returns W-2 2-page handwritten hardship letter Most recent statements of any investments or retirement accounts Copy of deed of trust from each mortgage loan Copy of homeowner insurance policy and property tax bills Any notices of default or pre-foreclosure Copy of tri-merged credit report LOE, letter of explanation of all Income Copy of ALL Household bills. Closing Package of the loan being modified This list is fairly comprehensive. However, depending on your situation more information might be required. Please contact us today to speak with a representative who will guide you through the process of modifying your mortgage loan.   1 (877) 228-4181  or 1 (734) 425-4520 ext. 41 Ask for Jim Yun

Monday, September 06, 2010 Additional Loan Modification Resources   Required Loan Modification Documents Common Loan Modification Questions Qualifications for a Loan Modification What is a Loan Modification?