How long does the entire mediation process take?

Every case is somewhat different, because it depends how long it takes you to gather all of the documents needed for your loan modification application. We usually schedule your first mediation session to take place about 45 days after your lender agrees to join in. After that, it depends on how long the lender needs to do the work on their end. The lenders typically state that they can be prepared to talk about options within 30-45 days from the time they have all the information they need. Typically, mediations involve one or two more sessions, which usually take place by teleconference. In some instances, mediation concludes in three weeks. In more complicated situations, it can take six months. We ask everyone to be patient with the process.