Phone Numbers For The Banks For Loan Modifications

Here is a link to information for the major lenders and their loan modification departments.  You do not have to pay someone to modify your mortgage, you can do it yourself.  Just call you lender directly and ask them what you need to do to get a loan modification.  Loan modifications are for homeowners in crisis.  It is not an opportunity to have your loan written down just because the real estate market has crashed.  I would not even waste your time if this is what you are thinking of doing.  You must be employed and be at risk of a foreclosure.

If you need to modify your mortgage, do not wait til your home is being auctioned at the courthouse.  You need to get in touch with your bank as soon as possible.  You may even want to consider a short sale also.  A short sale is a way to sell you home if you are upside down.  The bank is willing to take the loss.  You will have a hit to your credit however.

Loan Modification Information