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Home » Loans

What is loan modification and how much does it cost compared to a refinance?

Submitted by on February 13, 2010 – 6:25 amNo Replies


A web user asks, Is it easier to modify a loan if you don’t fit the underwriting guidelines for an FHA refinance?
Not in foreclosure; just have a high-interest rate ARM and too high of a DTI.
Thanks for your input.

Can you help them out? Post your advice!

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