Loan Modification Processing
Our loan modification processing is performed by loan modification experts.
Our processors have expertise and first hand experience in Loss Mitigation. They know all the ins and outs of the loan process and the negotiation process. They will make sure that your application is individually catered per your individual need.
A good processing department will deny loan modification cases during pre-qualification. This is to ensure that all the cases that are pre-qualified are indeed eligible for a modification and also to keep the success rate high. For a free evaluation of whether you pre-qualify for a loan modification, go to FREE Loan Modification pre-qualification.
Common reasons that cause the processing of a pre-qualified application to be denied for a modification include some of the following:
- declaring an income inconsistent with bank deposits
- forgetting to mention a bankruptcy that recently occurred
- inconsistencies in application and documents submitted
- other errors showing inconsistencies in documents, bank statements and tax returns
Please ensure that you submit the most accurate information available and that you have proof to back-up all the numbers mentioned in your application
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