Skip to main content
index page

Any idea to convince the mortgage lender to reduce mortgage interest rate?

Submitted by hasley48 on Tue, 04/03/2018 - 21:00

Will it help if I request the mortgage company to lower the interest on my mortgage loan? Any idea to convince them?

You can carry required financial documents that can prove that it'll be easier to be current on the mortgage loan if the loan terms are altered.

Submitted by Good Nelly on Fri, 04/13/2018 - 06:26

Good Nelly

( Posts: 2846 | Credits: )

Yes.. definitely!!!
What you are asking, is what we call loan modification!
You can completely do that.

You can also refinance your loan if needed.
But if the lender agrees for modification, then go for it!
Trust me it helps a lot!

Submitted by Phil Bradford on Fri, 04/06/2018 - 05:08

Phil Bradford

( Posts: 179 | Credits: )

Opt for refinancing with a new lender. Shop around to find out how much other lenders are charging. Refinance your loan with the lender who is charging the lowest interest rate.

Submitted by ditchdebt on Fri, 04/06/2018 - 05:41


( Posts: 675 | Credits: )

Add new comment

Restricted HTML

  • Web page addresses and email addresses turn into links automatically.