Legal Question in Real Estate Law in Florida

loan modification

do I have to be delinquent on my loan to be approved for a loan modification to reduce my interest rate?


Asked on 6/10/08, 9:09 pm

1 Answer from Attorneys
Brent Rose The Orsini & Rose Law Firm

Re: loan modification

It's not required, but in the very rare instances where I've seen a bank actually modify a loan, the payor has always been delinquent. Sometimes the bank will tell you if they'll modify your loan if it's current.

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Answered on 6/11/08, 11:10 pm


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