Loan Mod FAQ

Loan Mod FAQ will try to answer some of your questions. If you would like to get answers to more questions, please drop a note to us loan mod question.

Watch this video about Congresswoman Maxine Waters trying to attempt a loan modification for a few of her constituents.

Why is there a fee for loan mods?

The fee for loan mods is to present your case and get the negotiations done with your lender to reduce your interest rate and/or principal. Since the negotiations are best handled by professionals, as you may have concluded from the above video, loan mod companies charge a fee for doing a loan mod for their clients.

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