Comments on: A Complete Guide to the Loan Modification Process – Part 2 of 3

By: yury2268

yury2268 — Fri, 25 Dec 2009 01:18:42 +0000

i know this vid is …
i know this vid is a few months old but does fannie and freddie still require 90 days late to qualify?

By: Michae3410

Michae3410 — Fri, 25 Dec 2009 01:18:41 +0000

no they dont
no they dont

By: BETO1BETO2

BETO1BETO2 — Fri, 25 Dec 2009 01:18:40 +0000

if I am selling my …
if I am selling my house on a shortsale, can I buy it back at the shortsale approved price?

By: 912jumper

912jumper — Fri, 25 Dec 2009 01:18:39 +0000

And after you go …
And after you go through all the paperwork and issues with your lender losing paperwork that you have faxed over. They will deny your loan modification.. That is just the way it is. Obama’s hope for homeowners program wasn’t anything but lip service. He knew that from the beginning. The banks and lenders do not have to work with you and they don’t have to modify your loan.

By: PorchLightScott

PorchLightScott — Fri, 25 Dec 2009 01:18:39 +0000

You would have a …
You would have a challenge getting financing from a lender to buy the home back and it is highly unlikely that if you have the cash to purchase it, that the lender would sell it back to you.

A bank would never approve a short sale for you to buy the home from yourself.

By: daddio2624

daddio2624 — Fri, 25 Dec 2009 01:18:38 +0000

The interest rate …
The interest rate reduction is mandatory and is for the life of the loan.