Adjustable Hand

does anyone have first hand experience with having their mortgage loan modified because of it being adjustable?
We would just like to hear peoples experience if they have had it done. how it worked out, the length of time and would they recommend trying to have it done if need be?
Hi,
I have not but I have helped homeowners do it. It is an easy process and it’s something you can do yourself. The companies that are targeting people are not able to do anything you can’t do for yourself. So save the money and just call your lender direct. Almost all have a loan modification dept set up. All you will need to do is call, speak to the loan modification dept. and they will let you know all the required papers. Should you need help please just let me know. I am a Broker and we are not allowed by law to charge a fee.
I hope this helps.
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