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Im already working with my servicer or a housing counselor on a loan workout. Can I still be considered for a Home Affordable Modification?

April 26, 2017affordable counselor Home HOUSING loan modification Servicer working workout

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Im already working with my servicer or a housing counselor on a loan workout. Can I still be considered for a Home Affordable Modification?

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Yes. You should ask your servicer or counselor to explain the benefits of all available foreclosure prevention or payment reduction options. A Home Affordable Modification is one of many valuable tools available to your servicer. Other options may be more appropriate for your situation.