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First of all congratulations on working out a loan modification with Bank Of America, they are one of the hardest companies to obtain a modification through. Generally speaking it can take up to 5 months or longer for them to make your modification permanent. The agreement that you received probably said that you had to make 3 on time payments in order to be qualified for the permanent modification. I would continue calling them weekly making sure that you are still being considered for the permanent modification. You should receive a fedex package from Bank of America around month 3. If you have any further questions please fill out the form on this website to speak with a loan modification specialist. Or visit www.rtlmwest.com |
