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Loan modification what is it and can you benefit? simply stated a loan modification is a permanent change in one or more of the terms of a mortgagor s loan, allows the loan to be. Home: about us: privacy policy: opt-out service: terms & conditions: for mortgage partners: for loan modification partners: partners: debt partners.

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Here are some qualifications to be eligible for a loan modification: it has to be the homeowner s primary residence, debt relief of america and must be occupied and habitable.

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