Did a mortgage loan modification relief?

How much more affordable did a loan modification make your mortgage payments and what terms be changed on your loan?
Answers:
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Your question is VERY bewildered. Every mortgage is unique in its own right. For example; some may enjoy had an ARM (adjustable rate mortgage), some may have have a balloon (a mtg. due in 15 years with a 30 year amortization)....some may hold filed chapter 13 BK..., some may have be in default (foreclosure) and opt to settle with their bank.

Please be more specific. Source(s): <<Former mortgage broker and underwriter.
My payments went down 4$00.00 a month. It all depends on how much you owe and what your rate is right in a minute. I owe 360000 and my rate went down 1.25% from 7.25% to 6% fixed. Also I think it depends on the sandbank and what they want to offer you. The person I go through was in New york and his designation is Thomas contact # 13472150569 give him a call if you involve help


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