Freddie Mac: Information about Utah Loan Modification
Today, a new video was released by Freddie Mac titled “Stop Foreclosure: Documents Your Lender Needs To Help You” and Many people right here in [STATE] are searching for more information about loan modifications and this video is helpful to learn what is needed. With the crush of phone calls from people inquiring about a loan modification, many lenders are swamped. This video does a good job of helping people be more fully prepared in advance of calling their lender.
Documents Your Lender Will Need
- A copy of your most recent paystubs that show your net take home pay
- Copies of your most recent tax returns
- If you have a second mortgage or HELOC, a copy of that statement
- Account balances and minimum monthly payments on credit cards, car loans, student loans or other debt
- The most recent mortgage statement that you have
[STATE] Loan Modification: Don’t Forget The Hardship Letter
If you are wondering if you really need to write a hardship letter — don’t wonder. A well written hardship letter is a vital part of the loan modification process.
