loanmodcalc.com is a tool designed to estimate the potential new mortgage payment a borrower may be able to obtain if they qualify for a mortgage modification under Fannie Mae’s and Freddie Mac’s Flex Modification or similar program. It uses data provided by the user and makes several assumptions. Neither loanmodcalc.com (nor the owner of the site) are mortgage servicers. All mortgage modification decisions will be made by your mortgage servicer subject to all applicable laws, rules and regulations.
How This Works
In order to provide you with a quick idea of what your payment could be, we had to make some assumptions about you and your loan (more info). And while the results are very real, ultimately, a borrower’s eligibility for any mortgage modification will depend on many factors and only the borrower’s mortgage servicer can offer and agree to a new payment.
So What’s Next?
To determine if a borrower qualifies for a mortgage modification, the borrower will need to submit a complete and accurate application – forms and documents tailored to the borrower and servicer that detail the borrower’s financial situation.
Login to your DMM Portal account and click the Add Borrower button on the menu to get started. Our easy step-by-step wizard will guide you through the process.
You are being redirected to our affiliated site – www.documods.com – where you will be asked to create a secure account and continue the process of creating your mortgage modification package. Please feel free to call us at 1-800-481-1013 with any questions.
You are about to view an estimate of a modified mortgage payment based on the Fannie Mae / Freddie Mac Flex Modification program. This estimate is prepared using some basic information you will provide as well as the assumption that the loan qualifies for such a modification.
THIS IS AN ESTIMATE ONLY AND NOT EVERYONE WILL QUALIFY. Only your loan servicer can make an official determination of your eligibility and your monthly payment amount under any modification.
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