The Law Office of Nadia K. Kourehdar
  • Home
  • Services
  • Foreclosure FAQs
  • About Nadia
  • Blog
  • Contact
  • Home
  • Services
  • Foreclosure FAQs
  • About Nadia
  • Blog
  • Contact

The Front-End Ratio Is Critical to Getting Your Loan Modification Approved

10/8/2019

 

What are my chances for approval on a loan modification?

This is one of the most common questions I’m asked by homeowners. There are several factors that go into answering this question. The most important calculation that will determine your chances at modification approval is the front-end ratio.

As part of the modification process, the bank will ask you to send in income documentation and a list of household expenses. This documentation will be used by the bank to calculate your front-end ratio, which is a crucial part of the approval process.

Read More

    Archives

    October 2020
    January 2020
    October 2019
    September 2019
    August 2019

    Categories

    All

The Law Office of Nadia K. Kourehdar
Home  |  Services  |  Foreclosure FAQs  |  About Nadia  |  BLOG  |  Contact
P (425) 654-1674  |  F (425) 654-2491
231 Bendigo Boulevard North, North Bend WA 98045
Copyright © 2020