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ridiculouslycurious
Lv 5
ridiculouslycurious asked in Business & FinanceRenting & Real Estate · 1 decade ago

what is a modification loan?

2 Answers

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  • ?
    Lv 7
    1 decade ago

    No it is not a loan to modify your house. It is having your current mortgage lender rework the contract that can result in longer terms, lower interest and smaller monthly payments.

  • ?
    Lv 7
    1 decade ago

    a bank loan so you can modify your house...

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