Whether you're getting a Loan Modification or Short Sale you must know how to talk to your lender
Have you talked to your lender yet?If you have were any bells going off or flags waiving in the background? There should be! When talking to your lender about a loan modification or short sale it is imperrative to keep your alert status on high and have a clear understanding of why you’re calling and what you want out of it.
The lender is a debt collector and has many tactics at hand to help them get what they want….your money!
Favorite tactics
- Make your next x payments on time as a good faith gesture then we’ll talk
- Be exceedingly nice to disarm you then tell you the investor/supervisor needs $xx,000 more.
- Present an overly complicated solution
- Offer a loan modification that increases your monthly payment.
Download and print this report for the information you need before talking to your lender.
How to Talk to Your Lender report link.
Be prepared for the negotiation with my Loan Modification Kit! Loan Modifications take a long time and my loan modification kit will help you keep important information at hand, a history of your calls, and important resources you can use to succeed.
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