We just went through chapter 7 bankruptcy and kept our home. We asked our current lender for a loan modification. It has now been 3 months since dismissal
Are there other lenders that would refinance our home. Our current lender had it reappraised and they claim it is worth $75,000 more than the fair market value. So we are afraid they will decline our request for a loan modification because they can foreclose and resell it and get more money.
Answers | 1
Asked by Leah Carpenter
Answered by Mark Haynie
Mortgage Professional in Los Angeles, CA
Dear Anonymous, no mortgage company will accept partial payments. And since you ha...
Asked by Ronald Willis