Mortgage Forum
can I have a loan modification if I already have fixed rate?
This is a topic titled can I have a loan modification if I already have fixed rate? made in the Credit Problems section, belongs to our Mortgage Chat category; Can somebody who already has fixed rate can get a modification for lower rate?...
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April 15th, 2008, 03:48 AM
| #1 |
| Senior Member Registered: Apr 2008
Posts: 1,497
|  can I have a loan modification if I already have fixed rate? Can somebody who already has fixed rate can get a modification for lower rate? |
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May 31st, 2008, 07:31 AM
| #2 |
| Junior Member Registered: May 2008
Posts: 6
| If there is a true hardship then a loan modification is possible for any loan! It just so happens that most mods today are a result of payment shock from arm adjustments as hardship.... |
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