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What do I need to give to my loan servicer if I am requesting a loan modification?

You are likely to need the following documents for your loan modification request:

· Recent paystubs or documentation of your monthly gross household income

· Your most recent income tax return

· Documentation of any debts that you owe, including credit cards, student loans, vehicle loans,

etc., which shows the amount of the debts and your monthly payments on those debts

· Documentation of a second mortgage, if you have one, including the amount owed on the mortgage loan and the monthly payment amount

· Information about any other assets that you own

· A letter of explanation as to why you need a loan modification, i.e. the circumstances that have caused your financial hardship, such as job losses, medical expenses, etc.

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