Legal Question in Real Estate Law in Florida
is it mandatory for a home loan lender to modify a loan
Asked on 8/05/10, 2:58 pm
2 Answers from Attorneys
A loan cannot be modified except as provided for in the mortgage deed and note. Typically, unless it is an adjustable mortgage (and then only as to interest rate), it cannot be modified without both the lender and borrower's consent.
Answered on 8/10/10, 3:36 pm
Related Questions & Answers
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
