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Non-Delegated Loan Modification Request Form Performing Loans (Not Delinquent) Not for Home Affordable Modification / Refinance Loans Use this form to submit a request for approval of a non-delegated
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How to fill out non-delegated loan modification request

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How to fill out a non-delegated loan modification request:

01
Gather all necessary documentation: Collect all the required documents, such as income statements, bank statements, and any other supporting documents required by the lender.
02
Review the loan modification application: Carefully read through the loan modification application to understand the information requested and ensure you have all the necessary details.
03
Complete the borrower's information: Fill in your personal details, including your name, contact information, social security number, and address.
04
Provide loan details: Provide information about your existing loan, such as the loan number, current balance, and terms.
05
Explain the reason for requesting a loan modification: Write a detailed explanation as to why you are seeking a loan modification. Include any financial hardships or changes in circumstances that have made it difficult for you to make your loan payments.
06
Specify the modification terms: Indicate the specific changes you are requesting, such as a lower interest rate, extended loan term, or principal reduction.
07
Provide financial information: Include detailed information about your current financial situation, including your income, expenses, assets, and liabilities.
08
Sign and date the application: Once you have completed all the necessary sections, sign and date the application form.
09
Submit the application: Send the completed loan modification request, along with all the required supporting documents, to the appropriate address provided by the lender.

Who needs a non-delegated loan modification request?

A non-delegated loan modification request is typically needed by borrowers who are seeking to modify their mortgage loans with lenders who do not delegate the loan modification process to third-party agencies or servicers. This type of request is necessary for borrowers who have specific loan modification requirements and need to work directly with their lender to negotiate and implement the desired changes to their loan terms.
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A non-delegated loan modification request is a formal application submitted by a borrower to their lender to make changes to the terms of their loan.
The borrower is required to file a non-delegated loan modification request.
To fill out a non-delegated loan modification request, the borrower should contact their lender and request the necessary forms. They will need to provide all requested information, including personal details, loan information, and reasons for the requested modification.
The purpose of a non-delegated loan modification request is to allow borrowers to negotiate changes to the terms of their loan in order to make it more affordable or manageable.
The specific information required on a non-delegated loan modification request may vary depending on the lender and loan program, but generally it includes personal details (such as name, contact information), loan information (such as account number, current balance), financial information (such as income, expenses), and reasons for the requested modification.
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