Tag Archive: loan modifications

Jul 22

Super Successful Loan Mods of the Week

Before: These Florida homeowners were past due $173,115.13 or 34 monthly mortgage payments. Their monthly payment was $2,174.71 with a fixed interest rate at 7%. After: Payment decreased by 1,154.38. Loan balance will be decreased by $108,241.18. Homeowners received a permanent loan modification with Bank of America with a new monthly mortgage payment of $1,020.33 …

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