FORUM PROFILE

Re: Modification of consumer real estate loans

#2860
JGo9
Participant

This seems to be a common question as of late. Good call on the flood part (make, extend, or renew).

It really depends on what you are modifying. Are you just extending the maturity of the loan a month or two, or changing the payment date? Or are you doing more extensive changes?

Are you charging a fee for the modification?