Banks DO NOT want your home - they're not in the business of real estate, but paper. An average foreclosure costs a bank over 50,000. In this tight credit market, banks cannot afford to take back your home.
We can help you negotiate with your lender to lower your payments, fix your rates, and stop foreclosure.
We can help you fight foreclosure today with a loan modification. Due to the current state of the economy, lenders are re-negotiating the terms of your loan to make sure you can afford to stay in your home. Fill out the form below today to start today! Read More
Are you behind on your mortgage payments or facing foreclosure? Don't worry. A loan modification might be just what you need. We have trained professionals nationwide that are ready to help modify your loan to a lower rate, payment, and sometimes even lower your balance. Read More
AboutLoanModification connects you with the information and service providers that can help you avoid foreclosure, including:
Act now to avoid foreclosure!
We all know how vicious the mortgage market has been, but did you know?
But, there is hope. Our website is dedicated to helping people like you!
With years of loan modification experience, our specialists are experts at negotiating with lenders. When you complete the form below, one of our loss mitigation specialists will contact you to review your current situation. Browse through our website for more information or to get started today, please fill out the form below.
Interested, But You're Not Sure What Loan Modification Is?
A Loan Modification is "a permanent change in one or more of the terms of a mortgagor's loan, which allows the loan to be reinstated, and results in a payment the mortgagor can afford." In other words, your interest rate can be lowered, your remaining balance re-amortized and/or the current term of your loan extended, in order to reduce your monthly payment.
There are costs and fees associated with a modification that you will be responsible for, and for which you will have to make an immediate payment. In order to qualify for a Loan Modification, all property taxes must be current, or you must be participating in an approved payment plan with your taxing authority.
If you have any additional liens or mortgages with other lenders – they must agree to be subordinate to the first mortgage.