What does it mean to have your mortgage suspended, during modification on a home loan?





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2 thoughts on “What does it mean to have your mortgage suspended, during modification on a home loan?

  1. It means they do not move forward with a foreclosure until the modification is decided upon.

  2. It is a vague term that usually means that they will not continue to process your modification unless you provide more information ( explanations of credit dings, old job verifications, additional bank statements). It can be frustrating if they have asked you for something you can’t get.