How hard is completing a loan mod?

[Sean Dezoysa]

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.

[Chris Seveney]

Get an attorney to do a loan mod, they should not cost $2500. We own hundreds of notes and have never paid over $500 for a loan mod.