I was denied a mortgage modification a third time! What do I do now?

Many homeowners are denied a mortgage modification, mainly due to insufficient monthly income; however, sometimes the lenders deny a modification in error. It is difficult to comprehend, but the bank employees are not always 100 percent knowledgeable when it comes to knowing all the rules and regulations. There are numerous programs and each has its own set of rules and regulations. Without knowing your situation, I can only speculate that your application was declined due to insufficient income; however, I will be happy to review your matter should you wish to meet with me. You only have thirty days to appeal the denial, and you should contact a experienced New York Foreclosure/Loan Modification attorney ASAP to determine if the denial was improper.