Believe it or not, the MOST common reason for loan modification failure is running out of time. And the MOST common reason for running out of time is being unable to speak to a client AFTER they have applied!
It's understandable - most borrowers don't want to answer their phone so they can avoid bill collectors, but a loan mod specialist MUST speak to you BEFORE THEY CAN BEGIN your loan modification.
If you want to save your home, it is IMPERATIVE that you ANSWER YOUR PHONE!
After You Apply: You will receive an email confirmation with the phone number that the loan mod specialist will be calling you from. Save that number and answer your phone when they call you.