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16 gru 2021 · The loan modification document package consists of: THE LOSS MITIGATION APPLICATION FORM: Most lenders have their own lender-specific loss mitigation forms so your first step is to ask your lender to send you a copy of their “loss mitigation packet” or “loan modification application form.”
Available modification options are specific to the type of loan you have. If you are not sure what type of loan you have, please call PHH Mortgage Customer Service at (800) 330-0423.
Loan Modification Details. If you’re facing a long-term hardship, we can review you for a loan modification to determine if more manageable terms are available. While refinancing means replacing your existing loan with a new one, loan modification keeps your existing loan and changes its terms.
We will use the information provided to help us identify the assistance the accountholder(s) may be eligible to receive. If help is required to complete this application, please contact us toll-free at 800-750-2518, we are available 8:00am to 9:00pm ET Monday through Friday.
Loan Modification Details. If you’re facing a long-term hardship, we can review you for a loan modification to determine if more manageable terms are available. While refinancing means replacing your existing loan with a new one, loan modification keeps your existing loan and changes its terms.
1 lut 2024 · A "loan modification" is a written agreement that permanently changes the promissory note's original terms to make the borrower's mortgage payments more affordable. A modification typically lowers the interest rate and extends the loan's term to reduce the monthly payment amount.
All you have to do is call us at (866) 545-9070 and say that you would like to discuss a loan modification. The information below will help you prepare. Eligibility. To apply for a modification, you need to complete the Pennymac Modification Checklist.
