Wells Fargo Loan Modification – Important Debt Ratio Qualification Information
Trying to find out if you will qualify for a Wells Fargo loan modification? One of the most important qualifications is the borrowers debt ratio-a good candidate for a loan workout will be able to meet Wells Fargo guidelines for a modified payment that equals an acceptable percentage of their gross monthly income. Learn how you can calculate your debt ratio and pre-qualify yourself for a Wells Fargo Loan Modification.