The are many reasons a loan modification can be denied but the most common reason is if there is not enough time before the scheduled foreclosure sale date. Also another reason to not allow for a loan modification is if you have too much surplus at the end of the month. If that is the case then they will push for a repayment plan. If you have previously had a loan modification many lenders will not approve a modification. If you can not afford your house and your deficit is over $200.00 most lenders will not approve a loan modification. Some private investors do not allow loan modifications and it is stated in there pooling and servicing agreement. If you lender denied a loan modification many times we can still help. Remember we were once in loss mitigation for lenders denying loan modifications and we have the insiders edge.
