How to Do Loan Modification?

Answer Are you tense by a mortgage payment you can't afford? Does foreclosure appear like a very real option? There is help available in the form of reduced payments if you recognize what to do. We will t... Read More »

Top Q&A For: How to Do Loan Modification

How to Execute a Loan Modification?

Any type of loan or credit account can be modified: personal loans, credit cards, mortgages, auto loans, student loans. Modifications usually happen when the borrower wants to change the terms of t... Read More »

How to Get an IndyMac Loan Modification?

IndyMac Mortgage Services, a division of OneWest Bank, began modifying home loans under the Home Affordable Modification Program (HAMP) in 2009. HAMP was designed to provide guidelines for lenders,... Read More »

What Is A BTO Modification Loan?

A BTO (built to order) modification loan is a loan whose terms are formulated by the bank and the debtor. It enables the two parties to agree to amicable payment terms of a loan so the loan may be ... Read More »

Who originates a loan modification?

Although any party can request one, a loan modification generally originates with the individual or organization responsible for the loan. Loan modifications typically are done through a third part... Read More »