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Monday, October 13, 2008

Here is a sample loan modification:

Here is a sample loan modification:
The client has an ARM with OCWEN Loan Servicing, the interest rate adjusted from 6.4% to 10.1%, increasing the clients payment $670 a month making the loan unaffordable after the adjustment.

We were able to modify the loan. The new interest rate was 6.9% fixed for the full 30 year term.
This is just one example of a textbook modification. We have had success Modifying loans with all major lenders and loan servicing companies using all loan scenarios.

Submit a loan modification.
http://www.lenderlister.com

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