5 Comments for What Should I Do To Get Loan Modification If I Am Not Currently Employed?

• 1. .:SMILE 4 ME:.  |  February 23rd, 2010 at 7:02 am

  Yes. We are now witnessing that most lenders will accept loan modification applications from homeowners who foresee a problem meeting their home loan payments due to interest rate resets or financial hardship. The Federal government is urging lenders to proactively reach out to homeowners who face potential default. The Loan Advocacy Group’s loan modification process allows you the homeowner to apply for a loan modification without being currently un-employed.
  to get the more best solution try here http://www.iloanshop.com/loan_modificati… …….!
  Good Luck…..!

• 2. George L  |  February 23rd, 2010 at 7:08 am

  It is harder to prove income, if you are self employed, than if you were working for someone. The tax statements can be very helpful as supporting documents, however, you may show hardship, that your income has come down due to …. what ever.
  Here is an article with a few pointers: http://www.articlesonhow.com/

• 3. The Mod Squad  |  February 23rd, 2010 at 7:19 am

  Do you file taxes or receive a 1099?
  Sounds like you were one of those who couldn’t prove income so you did a stated income or no doc loan!
  Call your lender and ask for the loss mitigation dept and see what they can work out with you. You are employed, but self employment is difficult since they usually go by 2 years of tax returns or your 1099′s.

• 4. Sean  |  February 23rd, 2010 at 8:08 am

  try contacting loan agents they might help you in finding alternate ways

• 5. ☼Astrolo  |  February 23rd, 2010 at 8:55 am

  Contact your lending institution and ask for their customer counselling or mortgage counselling department. They should provide you with all of your alternatives on modifications.

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