How Does the Loan Modification Process Work?
The loan modification process takes a very long time. You have to have a lot of patience, it is very frustrating. It will lead you to believe that they just don’t want you to keep your home because they keep asking you for the same things over and over again, they keep saying that they didn’t receive things that you submitted to them, they keep saying that things are stale, you need to re-date things. You need to be very patient and just keep giving them whatever they want.
They consistently need updated bank statements, updated pay stubs and you just have to have a lot of patience, not get frustrated and just realize that your ultimate goal is to keep your home.