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I am interested in finding out more info on the home modification program. I am currently 5 months pregnant and at my job my pay was just cut almost in half. My husband is working but his job( been there 5 years) gave him 2 months to get his GED and if he didn’t pass they are gonna fire him by Dec 31st. His results came in the mail Wed and unfortunately, he didn’t pass. There aren’t any more test offered this month so that is pretty much a done deal. I am pretty sure that my husband will lose his job and my hrs were already cut. Can I go ahead and do the modification now? I only have four more months before I have this baby and I don’t want to wait until I am not working because I know that this is a long process..

5 Thoughts on Loan Modification Help..?
  1. Reply
    February 2, 2014 at 6:28 am

    Call your lender right away. Tell them upfront what happened, and see if you qualify.

  2. Reply
    February 2, 2014 at 6:42 am

    You can also get help from specialists in the loan mod field. I have listed a resource for you. Good luck.

  3. Reply
    February 2, 2014 at 7:35 am

    First it does take some time to get the modification in, next and most important you still have to have the income to support it. So with your pay at 1/2 and you husband without a job it is just not going to happen.

  4. Reply
    Brian D
    February 2, 2014 at 8:29 am

    The lender want to see some income. Unfortunately if you can’t show the lenders may not work with you. Do your best to get your income in order, that way the lender will see this as a one time event.

    If you need more information, please contact me via
    I’ll be happy to answer your questions for free.

    All the best.

  5. Reply
    February 2, 2014 at 8:53 am

    It’s going to be difficult without an income. You might want to stop trying to go it alone and talk to some professionals. Talk to lots of loan mod companies and attorneys. Don’t stop with just one. Ask lots of questions and you’ll get lots of free, useful information. Some will try to pressure you to go with them but just ignore it. Start now! Don’t think that the bank has your best interests in mind. They’re trying to squeeze every last dollar out of you.

    Consider calling HUD at (800) 569-4287 and take advantage of their free financial counseling services. Another good place to start is the website the Federal Government set up to educate homeowners about the loan modification process. See

    Your goal is to learn as much as you can about the process before you contact your lender so you will be prepared and able to meet their guidelines. Take the time to do your homework and your time and effort will be well spent. Thousands of homeowners have gotten the mortgage loan modification help they needed, you can too!

    Homeowners don’t need to pay a company to obtain a loan modification. However, sometimes it can be better to have someone, such as a lawyer or credit counselor, negotiate on your behalf. A good strategy is to talk to as many experts as you can prior to contacting your bank. Many of these services will give you a free consultation.

    A good site I used to begin the education process can be found at where I entered some details about my current mortgage and the company got back to me multiple loan modification proposals.

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