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What’s the difference between doing a mortgage loan modification and a refinance?
Do they lower the rates by the same amount and charge the same fees?
Does layoff qualify us for mortgage… My husband was laid off from his job two days ago. Prior to this, we were considering refinancing (our current mortgage is at 6.625%). I am wondering if this layoff instantly qualifies us for some…Mortgage Modification Question o I was on the phone with my dad yesterday and he said that he was trying to get a mortgage modification. I asked if he meant refinance and he said but its similar.So I…need a lower rate and lower loan… property is not worth the amount of the mortgage and we don't know where to start to get a lower rate and a reduced mortgage before it gets in forclosure. had to move out but…