Скачать или смотреть Will my TPP payment be the same as my final payment?

Lenders usually put people on 3-month long trial payment plans (TPPs) when they get approved for a loan modification. The purpose of the TPP is to test the household to see whether the household can truly afford to resume regular mortgage payments before the lender asks you to sign a permanent modification.

This video answers a common question I get regarding the amount of the final payment after the TPP is over.

The information is general and not intended to be legal advice. Contact a foreclosure defense attorney in your state for advice specific to your situation or contact your lender for lender-specific instructions.

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