Upside Down Mortgage

Loan Modification Upfront Fees

Question: Loan Modification Question?

I heard there were three states that do not allow loan modification companies to charge upfront fees for their services, they are only allowed to charge after their services. Is this true? If so, what are the three states?

Answer: It make no difference. You will still be charged before you receive the benefit of any services. And the ONLY company that can actually modify your loan is the company that you owe the money. Any other company just charges to do the negotiation you can do yourself.

No Up Front Fee Loan Modification

If you're new around here, you might want to subscribe to our Upside-Down Mortgage RSS feed. It's quite likely the only feed of it's type on the internet!