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what licensing is required to provide loan modification services?

2 Answers

  • 1 decade ago
    Favorite Answer

    Check with your State Comptroller and your nearest office of Internal Revenue Service - Taxpayer Assistance Division.

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  • 1 decade ago

    The answer depends on what state you are in. In some states there are special rules that apply to foreclosure consultants. See the laws that apply in California and Florida for example. These states have special rules that apply if you are doing loan mods in these states. California;s licensing requirement does not go into effect until next year but the other restrictions in California still apply.

    For further info, consult your attorney about the laws that apply to loan mods in the states you are doing business in.

    Source(s): See the below to learn more about how to start a loan modification business:
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