Borrowers are typically not required to disclose their retirement account information when they apply for a loan modification. Lenders usually require borrowers to provide their checking and savings account statements but not their retirement account statements because money in a retirement account may not be freely available to pay a mortgage. The one exception is if borrowers do not have sufficient funds to meet the lender's reserve requirement. So if a borrower does not have a lot of money in savings then the lender may use the borrower's retirement account information as supporting information to determine if the borrower can afford the modified mortgage. Lenders, however, should not use the retirement account information to require borrowers to make a higher monthly payment, have a higher modified loan balance or to disqualify borrowers from modifying their mortgage.