Back to Results

Tools

Partner Tools


My dad died w/ a pers. loan using his home,I make pymts until it sells,Can I use a loan mod. 2 help?

Profile picture for A.Brown
Contributions: 1
My father passed away with a personal loan against his property.I am the Successor TTrustee of his Trust, It has been over a year since his passing and We have his property listed with a realtor now but all of the bills I was left with and with this monthly payment, I would like to be able to have a little breathing room. I wanted to know is there a "Loan Modification" that I use for this loan?
  Flag content
Close
Report a Problem
Close
Content Flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
July 02 - Riverside
RSS

Answers (1)

Profile picture for CA UMB
Mortgage Lender

Lender rating

5.0/5.0

View ratings and reviews

Contributions: 2747
Zillow All-Star

Since January 2009

I don't think a Trustee can but you should check with the lender.

Also, the Inland Empire has been hit very hard with declining home values. If ther loan is more than your father's home is worth, as a Trustee I would request permission for a short sale from the lender if that is not  your current arrangement. This will not count against your credit. .... Best wishes, Rudi Hofmann
  Flag content
Close
Report a Problem
Close
Content Flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
July 02
 

Have a question? Ask it here.

What's this?
Close

By starting a discussion, you can expect more of an interactive, back-and-forth experience where the conversation can go in many different directions.

Or start a discussion

 
Top Lenders
Ratings
Subscribe via RSS
  1. 5.0/5.0

    55 reviews
  2. 4.9/5.0

    39 reviews
  3. 4.8/5.0

    45 reviews
  4. 4.7/5.0

    65 reviews
  5. 4.6/5.0

    41 reviews
Related Questions
Question Freddie Mac Open Access Refinance HARP
  • Latest answer by madavis2001
  • October 09
Question Making Home Affordable
  • Latest answer by Rachel Dollar
  • September 20
Question Is a modification possible if gross income to loan payment is 25 percent
  • Latest answer by Danny Kim
  • September 12
Question are 4506's required & executed for all new purchases
  • Latest answer by Hamp Yonce
  • August 12
Question Pre-Approval Letter Format/Quality
  • Latest answer by Paul Lebowitz
  • July 30
Need a Mortgage?

Zillow Mortgage Marketplace

  • Competitive rates
  • Accurate, custom quotes
  • Thousands of lenders

... and, it's free and anonymous

Get instant mortgage quotes
Estimated purchase price Current mortgage balance Desired loan amount
98104

Learn about Zillow Mortgage Marketplace

Zillow Poll:
Suggested by 4preciousgifts
Which is your prefered choice in the Backyard?
Be A Good Neighbor

Zillow® Advice depends on each member to keep it a safe, fun, and positive place. If you see abuse, flag it. More on our Good Neighbor Policy

pageName