Citibank Foreclosure Help and Loan Modification


Citibank Foreclosure Help and Loan Modification

One of the most common pitfalls when applying for a citibank loan modification is falling into red tape traps only because of your inability to have knowledge of certain things and understand them altogether. Of course, it is a very common scenario to fail at your application for a loan if you do not necessarily have any knowledge on what you are applying for. With this, you have to know every thing there is to know about your loan application and everything that is required of you when applying for it. Here are some errors that are mostly committed by applicants of a citibank loan modification option.

Wrong people, wrong information

One of the most common misconceptions have to do with the thinking that your bank is your mortgage holder but actually that is not always the case. The one in charge of handling your mortgages is the one you give your payment to and not usually where you got your loan from. When you apply for a citibank loan, you have to directly go there and see to it that you are in the right department.

Application Mishaps

If your application is incomplete, it will simply be put aside by loan companies. So don’t ever make the mistake of submitting application forms that are not filled out correctly. You have to realize how much work these people go through just to gauge who is qualified for a loan. If you are lucky from time to time then you might chance upon a nice agent but it is better to always be prepared and ready with your completely filled out application forms. Make sure that you also only write factual information in all your documents.

Further Information

Remember to always respond to request to complete your personal details. Always respond with complete information too. If you are unable to do this, then there are chances that you may not be approved of it.

Missing contacts

Since there are a lot of people applying for a citibank loan modification, there are instances wherein the documents get lost. Always remember to know when and how to follow up your application. Follow it up in such a way that you are not irritating, but only shows that you are concerned and truly serious about qualifying for your application. Always remember to keep records of your calls to ensure that everything is noted well and that everything can be validated when the need arises.

It is very easy to realize that the usual problems take place with your inability to complete certain document requirements. So you have to be able to remember that all these things need to be considered.

Contact Information:

399 Park Avenue
New York, NY 10043
U.S.A. 800-285-3000

The Citi Private Bank
Citigroup Center
153 East 53rd Street
16/ F, Zone 19
New York, NY 10022
U.S.A. (1-212) 559-9124 (1-212) 793-5906