1. Check with the loss mitigation or loan modification department of your loan modification company and get their requirements. You may get new plan information on offer. One thing to help you is to find out what they look for in a potential loan modification.
2. If you have difficulty being eligible or cannot fill out the paperwork properly, better get attorney help with your application. You can also get assistance through trained FHA associates. They can help with your application and hardship letter, as well as negotiate the best outcome possible with your lender. Modification companies usually charge a fee for help with federal loan modification programs.
3. If you choose to do it on your own, research online about your lender. Not all lenders are same; some lenders are easier than others to get a home loan modification from are. Knowing exactly what your lender is looking for on your papers and the experiences of others can help you sort out your difficulties and quicken your loan modification.
4. After you have submitted your Obama loan modification application, approval may take more than six weeks. In the seventh week, call the loan modification department and inquire about your application. Most applications take approximately eight weeks but calling in the seventh might speed up some steps while you wait.

The loan modification processing time needs time to reject homeowners who do not qualify, and if your application does qualify, there is no need to worry whether you filled them out properly.