|An experienced loss mitigation consultant can guide you as to the best approach to take. Every case is different. If you are employed and can prove your income and if your current payment or future payment is unaffordable, then you probably qualify.
What does it cost?
Fees vary among loss mitigation companies but are generally equal to about one to two mortgage payment.
Can I do it myself?
You can negotiate on your own but you are more likely to get a better deal if you have a professional negotiator on your side. The bank is unlikely to offer you the best possible deal. Professional loss mitigators have existing relationships with most lenders and know how to get to the decision makers.
What Is A Mortgage Loan ModificationCarl J. Pinckney2019-05-07T06:35:14+04:00