Prefer to talk in person? Find a mortgage specialist on Zillow
Profile picture for annklier

will my pension from my past employment, keep me from obtaining a loan modification?

My pension is in an IRA and CD
  • June 13 2010 - Cocoa
  • 0
    0Yes

  • Report a Problem

    Please enter a valid email address.

    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.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

Be a Good Neighbor. Be respectful and on-topic. No spam or self-promotion! See our Good Neighbor Policy.

Answers (2)

Although income is a consideration on loan modification qualification, we suggest contacting your mortgage company to see how this may impact your situation.  If you dont get the answers you need from your lender, we suggest contacting a real estate attorney for further advise.
  • June 20 2010
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    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.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

yes, it is possible.  modification processes will review ALL income and expenses to determine the final outcome.  check with your current lender for further details and requirements.
  • June 18 2010
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    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.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.