Loan Modification

If you are struggling to make your mortgage payments or can't take advantage of lower interest rates because your home has dropped in value, you may be eligible for a Loan Modification.

Loan Modification is intended to help responsible homeowners avoid foreclosure or bankruptcy.  With our help, your current lender may lower your interest rate to comfortable payment you can afford, stop foreclosure with a loan modification agreement, change the terms of your mortgage, or obtain a principal reduction 

Lender's determining factors in modifying your loan:

• balance owed
• equity in the property
• nature of hardship causing your mortgage problem
• ability to pay
• future financial situation

Information we'll need:

• most recent mortgage statement for 1st and 2nd lien holder
• account balances and minimum monthly payments for all credit cards and other debts
• most recent documentation of income such as paystubs
• most recent two months bank statements
• most recent income tax return
• hardship letter

We can help negotiate with your current lender to restructure your loan. Our initial  consultation is free.