Do I Have to Modify My Borrower If They Request It?
The Note Closers Show - The #1 Podcast for Note Investing · Scott Carson
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Show Notes
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.
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