debt to income ratio mortgage modification

what shoud my Debt-to-Income Ratio be for a loan modification?

what shoud my Debt-to-Income Ratio be for a loan modification? i need to modify my mortgage

first, expect to be required to “explain” just why you need a loan modification. Second, expect your finances to be carefully scrutinized, so if you have needless expenditures, you can be sure the lender will deny your modification. However, if you have suffered a job loss, high medical bills, etc.—and you have no excessive spending (vacations/gym fees/new boat)–then perhaps a modification may be in order. Your debt-to-income ratio is not carved in stone. Maybe a second part time job, or a room mate will allow you to get a loan modification, but the bottom line is, all debt-problems are unique to the individual, so you’ll also need a pinch of luck, too.