How long does a loan modification take through Bank of America?
We are not behind on our mortgage payments but we are having trouble coming up with the money every month because our business income has declined drastically. I called BofA and they said I qualified for the Making Home Affordable Plan and asked me to send in paperwork. I sent in all the required documents in late November (36 pages faxed, including bank statements, profit and loss statements, tax returns and a financial hardship letter). Has anyone had success with a a modification through Bank of America, and how long did it take?
Fari… what does weight loss have to do with it? Anyway….I do have great credit that is why I would like to know how long it takes before it will affect it.