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Updated over 3 years ago, 09/15/2021

Shawn M.'s profile image
Shawn M.'s profile image
Shawn M.
  • Investor
  • from New Haven, CT
  • Member since Apr 29, 2012
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User Stats

285
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174
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Shawn M.'s profile image
Shawn M.'s profile image
Shawn M.
  • Investor
  • from New Haven, CT
  • Member since Apr 29, 2012
Connect
Shawn M.
  • Investor
  • New Haven, CT
174
Votes |
285
Posts
Creative Real Estate Financing

Loan Modification AFTER Forbearance

Shawn M.
  • Investor
  • New Haven, CT
Posted

Has anyone done this? what is the process and was it worth it? does your credit take a big hit? What other pitfalls would I need to be aware of?  I know with regular Forbearance you can't apply for a new loan for 3 or 6 months. Any guidance on whether this is a good route to lower your rate is appreciated. 
 

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