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Anyone knows does best loan modification?

Submitted by on Wed, 07/22/2009 - 13:11
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Anyone knows does best loan modification?


I would try to go through your mortgage company. I have Ocwen mortgage. It was a struggle, but I got my loan mod directly through them.

You just have to remember to stay on top of EVERYTHING. I had to hound Ocwen and even complain to the consumer ombudsman a few times to make sure they got my loan mod put through. At the end of the day they tacked my late payments onto the end of my loan, stopped foreclosure, updated my credit report to now show me as current, and lowered my adjustable rate from 9.125% to a fixed (for the life of the loan) 4.7%

So, I'd try your mortgage company first before I bothered paying anyone else to do it for me. Also, if for whatever reason you can't work with your mortgage company and you do decide to get outside help, make sure they are legit. There are tons and tons of loan mod companies running around out there scamming people.

Good luck!


Submitted by anc526 on Fri, 10/23/2009 - 13:50

anc526

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