Altegra Credit Loan Modification Process
Altegra Credit Company is a subsidiary of National Bank and operates under the name “The Loan Zone.” Since its inception, Altegra has issued sub-prime loans with higher-than-average interest rates to at-risk borrowers.
The Altegra Credit Loan modification program requires borrowers to submit a Letter of Hardship stating why you are having difficulties making your payments.The loan modification process with Altegra can exceed 3 months. This is due, in part, to the large number of modifications they are processing. The loan modification process will prevent foreclosure during the approval period
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