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Updated over 2 years ago,

User Stats

292
Posts
34
Votes
Sean Dezoysa
  • Investor
  • Toledo, OH
34
Votes |
292
Posts

How hard is completing a loan mod?

Sean Dezoysa
  • Investor
  • Toledo, OH
Posted

Doing this to help the homeowner mod down

the payment before I buy the house with

loan sub2.

Anyone pay someone to handle it? What do they charge you?

I was quoted $500 up front, and another $2,000 if they determine if it's a good chance and get ready to submit paperwork. $2.5k makes me think I should bring this in house and buy a book on executing a loan mod.

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