Question: Can we get a second loan modification in C.A. When we started our first modification the said we had to adjust our out going bill amount. They knew I was just making adjustments to get the loan. When it went through at the last minute they changed it because they said we had a couple hundred dollars left over every month. We had no choice but to take it because they were threatening foreclosure. We are behind 3 pmts now. Can we get a second modification?

Answers

Posted By: loanmodpro on Jan 06, 2010 01:26AM

A: If you cannot make the new modified mortgage payment without suffering, I would say yes you are eligible for another loan modification.