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Applying for a loan modification can be a very frustrating and trying process. For some people it can take years for their application to be properly reviewed and decided on. That’s why I was delighted to hear about the new platform in use by many of the big Lenders, the Hope Loan Port.
Your Case Manager will walk you through this process so you understand completely all of your options so that you can make an informed decision as to what is the best choice for you. Available modification options are specific to the type of loan you have.
Wells Fargo agreed to use Hope LoanPort, a web-based housing counselor tool used by servicers and borrowers to submit and receive completed modification applications. More than 1,600 housing...
A New Web Portal Tool for Housing Counselors Working with HAMP Modification Applications. The HOPE NOW Alliance recently announced the launch of a new web portal, HOPE LoanPortTM, that HUD believes has the potential to significantly improve the execution of HAMP and non-HAMP modifications. See press release below.
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.
The mortgage assistance application helps us understand your financial situation and the reasons for your hardship. It also verifies information about you, co-borrowers, previous loan modification applications, and the property.
18 gru 2009 · To use LoanPort, borrowers must engage a free Hope Now housing counselor to help lead them through the modification process. They can be found at HopeNow.com or (888) 995-4673.
