Do I Have to Modify My Borrower If They Request It? episode artwork

EPISODE · Aug 10, 2023 · 14 MIN

Do I Have to Modify My Borrower If They Request It?

from The Note Closers Show - The #1 Podcast for Note Investing

So your borrower calls your servicing company and wants to see about modifying their loan to a lower payment, interest rate, or balance. Do you have to do it? Or can you flat-out say no? Or is there a possible alternative?  We discuss these different questions on this episode of the Note Closers Show. Scott Carson shares this recent question from a student and gives his insight into what you should or shouldn't do when it comes to modifying your borrower depending on the situation.  Watch the original video HERE!Book a call with Scott HERE!Love the show? Subscribe, rate, review, and share!Here’s How »Join the Note Closers Show community today:WeCloseNotes.comThe Note Closers Show FacebookThe Note Closers Show TwitterScott Carson LinkedInThe Note Closers Show YouTubeThe Note Closers Show VimeoThe Note Closers Show InstagramWe Close Notes PinterestGet Signed Up For the Next Note Buying Workshop HERE!

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Do I Have to Modify My Borrower If They Request It?

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This episode is 14 minutes long.

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This episode was published on August 10, 2023.

What is this episode about?

So your borrower calls your servicing company and wants to see about modifying their loan to a lower payment, interest rate, or balance. Do you have to do it? Or can you flat-out say no? Or is there a possible alternative?  We discuss these...

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