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Bank of America, N.A. is attempting to collect a debt, and any information obtained will be used for that purpose. However, this notice may not apply to you; for additional details, please see Section III of the Home Loan Modification Status website agreement below.
Borrowers can now apply for income-driven repayment (IDR) plans electronically rather than needing to upload an application to our website. Please visit StudentAid.gov/IDR to submit your application. If you already submitted an application through our portal you do not need to apply again.
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.
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.
24 lip 2024 · In most cases, you must submit an application, sometimes called a "borrower response package" or "loss mitigation application," to your servicer to qualify for a loan modification. Sometimes, though, your servicer will offer a modification without this requirement.
Borrowers can now apply for income-driven repayment (IDR) plans electronically rather than needing to upload an application to our website. Please visit StudentAid.gov/IDR opens in new tab to submit your application. If you already submitted an application through our portal you do not need to apply again.
You can also check the status of the loan modification application online to see if it has been received, understand where you are in the document submission process, and find out if you need to send us any additional documents.
