Mortgage ModificationIt can be a complicated process to obtain a loan modification and usually requires a lot of documents and following up with the bank. Borrowers can attempt to modify their mortgage on their own but statistics show that 85% of homeowners are denied a modification if they go about it without the help of a trained professional. You also need to follow up constantly with the bank's loss mitigation department to ensure they are doing what they are supposed to be doing. In order to get the best results possible you need someone who knows what to ask for. Loss mitigation departments are trained to get the most amount of money from you as possible. John P. Brooke, Esq. has received formal training from a major law firm that represents banks on how the process works and what the requirements are to obtain a loan modification.