Structuring a Loan Modification
Most note investors know a loan modification is the goal — but knowing how to structure one that the borrower can actually stick to is what turns a.
Ep. 430:00
5:07
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What you'll learn:
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When a fully amortized modification makes sense — and why thirty years is the reasonable cap on term
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How an interest-only modification keeps payments low enough for a struggling borrower to actually afford them
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Why a step rate structure aligns both sides toward the same goal — getting the loan paid off sooner
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The five things every modification agreement needs to include before it goes to the borrower for signature
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How showing a borrower the per diem rate builds good faith and gets documents signed faster
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