applying for a loan mod. will i need to have an appraisal done ?

More info needed.. Everyone's interpretation of "Loan Mod" is different.. If you are current on your payments, but you have reached out to a lender to see if you can refinance into a shorter or longer term loan, then this is not a loan mod.. this is a refinance, yet some lenders will use the term "Loan Mod" as if they have something unique... However, If you are currently behind on your payments and you have reached out to your lender to ask for a modification to avoid foreclosure, then that is a loan mod... and its up to the lender as to whether or not they want an appraisal.. But typically, they have a real estate agent do a BPO (brokers price opinion).. This is cheaper for the lender and much quicker.. I'm a preferred Lender with California and Arizona being my primary markets. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com NMLS# 226347 / LendUS, NMLS 1938/ AZMB0121893