Q&A: What I need to do about my 2nd lender? I can qualify under Modification Program but I also need to lower my2nd?

Posted on Feb 8, 2013 in HARP Refinance

Question by Jeff S: Can my mortgage broker foreclose on me?
In march I did a FHA refi. the mortgage broker messed up big time on my escrow and put me in a big bind. FHA kicked the loan back and is not insuranable so the broker wants me to sign a modification agreement. I refused to sign it till they correct their mistake. They then told me that they can forelcose. Is this possible?

Best answer:

Answer by golferwhoworks
not the broker– FHA

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Question by Sana: What I need to do about my 2nd lender? I can qualify under Modification Program but I also need to lower my2nd?
I can refinance my 1st loan but how I can refinance my 2nd loan? In this program is saying that you can do only 1st one?

Best answer:

Answer by debijs
~~Contact the lender who owns your second. Tell them of your financial hardship. If it is through a bank, visit they are suppose to send you information for a loan modification also. Good luck~~

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