A+ R A-

Warning: Creating default object from empty value in /home/loanmodification/public_html/components/com_k2/views/itemlist/view.html.php on line 87

Warning: Creating default object from empty value in /home/loanmodification/public_html/components/com_k2/models/item.php on line 475

Warning: Creating default object from empty value in /home/loanmodification/public_html/components/com_k2/models/item.php on line 475

Warning: Creating default object from empty value in /home/loanmodification/public_html/components/com_k2/models/item.php on line 475

Warning: Creating default object from empty value in /home/loanmodification/public_html/components/com_k2/models/item.php on line 475

Warning: Creating default object from empty value in /home/loanmodification/public_html/components/com_k2/models/item.php on line 475

News (85)

If you are interested in getting a loan modification then there is a good chance you are suffering from some serious financial problems.  Most likely, there are a number of options available to you, including foreclosure, a short sale and other mortgage defaults.  What many people are unaware of are the implications each of these will have on their credit rating.  Pretty much any financial transaction you make will have some impact on your credit, either good or bad, and so people who are homeowners or looking to take out or adjust a loan, must pay special attention to these impacts.

 

Read more...

Loan Modification Help Center

One of the reasons a loan modification attorney is so important to the loan modification process is that there are a million details and subtle nuances involved throughout the process.  For example, successfully filling out the loan modification application requires a great deal of understanding.  Trying to fill out your loan modification application on your own can be even more complicated than filling out your taxes.

Here are some important tips and bits of information that will be helpful in filling out your loan modification application.

Read more...

Every newspaper, television news outlet and website has reported on loan modifications in one form or another.  Some of this reporting has given false information, bad intelligence and an overall frustrating report of the current situation.  Between the increased focus on the loan modification industry, President Obama’s FDIC loan modification plan and the countless bank reports on loan modification status, people are overwhelmed with all the information on loan modifications.

The Obama-Biden Plan


Here are six important things any homeowner needs to know about the federal loan modification program:

 

Read more...

Over the last three years, banks have failed at an increasingly alarming rate.  This year, more banks have failed in the first seven or eight months than in all of last year.  Recently, the failure of a behemoth bank named “Colonial BancGroup” out of Alabama was shocking.  The bank had tens of billions of dollars in assets, including quite a few billion dollars in mortgages.  These sorts of challenges scare governments, banks, financial institutions and investors.  The federal government has had to battle this fear by implementing stimulus programs, loan modification programs and other forms of aid to banks and consumers.

 

Read more...

Loan Modification Help Center

Since the real estate crisis began two or three years ago, homeowners have been fighting to get loan modifications from banks and lenders.  These banks and lenders are becoming increasingly swamped with phone calls, e-mails and other communication.  Many of these financial institutions were unprepared for the response to different loan modification programs.  Some banks hired many staff members to field the phone calls, but few of these staff members truly understood the loan modification process.  Now, homeowners throughout California and the rest of America are fighting to get loan modifications as a relief from their overwhelming mortgages.

Read more...

Warning: Illegal string offset 'active' in /home/loanmodification/public_html/templates/gk_twn2/html/pagination.php on line 129

Warning: Illegal string offset 'active' in /home/loanmodification/public_html/templates/gk_twn2/html/pagination.php on line 135

Warning: Illegal string offset 'active' in /home/loanmodification/public_html/templates/gk_twn2/html/pagination.php on line 129

Warning: Illegal string offset 'active' in /home/loanmodification/public_html/templates/gk_twn2/html/pagination.php on line 135

Warning: Illegal string offset 'active' in /home/loanmodification/public_html/templates/gk_twn2/html/pagination.php on line 129

Warning: Illegal string offset 'active' in /home/loanmodification/public_html/templates/gk_twn2/html/pagination.php on line 135

Warning: Illegal string offset 'active' in /home/loanmodification/public_html/templates/gk_twn2/html/pagination.php on line 129

Warning: Illegal string offset 'active' in /home/loanmodification/public_html/templates/gk_twn2/html/pagination.php on line 135

Warning: Illegal string offset 'active' in /home/loanmodification/public_html/templates/gk_twn2/html/pagination.php on line 129

Warning: Illegal string offset 'active' in /home/loanmodification/public_html/templates/gk_twn2/html/pagination.php on line 135

Warning: Illegal string offset 'active' in /home/loanmodification/public_html/templates/gk_twn2/html/pagination.php on line 129

Warning: Illegal string offset 'active' in /home/loanmodification/public_html/templates/gk_twn2/html/pagination.php on line 135

Warning: Illegal string offset 'active' in /home/loanmodification/public_html/templates/gk_twn2/html/pagination.php on line 129

Warning: Illegal string offset 'active' in /home/loanmodification/public_html/templates/gk_twn2/html/pagination.php on line 135

Warning: Illegal string offset 'active' in /home/loanmodification/public_html/templates/gk_twn2/html/pagination.php on line 129

Warning: Illegal string offset 'active' in /home/loanmodification/public_html/templates/gk_twn2/html/pagination.php on line 135

Warning: Illegal string offset 'active' in /home/loanmodification/public_html/templates/gk_twn2/html/pagination.php on line 129

Warning: Illegal string offset 'active' in /home/loanmodification/public_html/templates/gk_twn2/html/pagination.php on line 135

Warning: Illegal string offset 'active' in /home/loanmodification/public_html/templates/gk_twn2/html/pagination.php on line 129

Warning: Illegal string offset 'active' in /home/loanmodification/public_html/templates/gk_twn2/html/pagination.php on line 135

Warning: Illegal string offset 'active' in /home/loanmodification/public_html/templates/gk_twn2/html/pagination.php on line 129

Warning: Illegal string offset 'active' in /home/loanmodification/public_html/templates/gk_twn2/html/pagination.php on line 135

Warning: Illegal string offset 'active' in /home/loanmodification/public_html/templates/gk_twn2/html/pagination.php on line 129

Warning: Illegal string offset 'active' in /home/loanmodification/public_html/templates/gk_twn2/html/pagination.php on line 135

Warning: Illegal string offset 'active' in /home/loanmodification/public_html/templates/gk_twn2/html/pagination.php on line 129

Warning: Illegal string offset 'active' in /home/loanmodification/public_html/templates/gk_twn2/html/pagination.php on line 135

Warning: Illegal string offset 'active' in /home/loanmodification/public_html/templates/gk_twn2/html/pagination.php on line 129

Warning: Illegal string offset 'active' in /home/loanmodification/public_html/templates/gk_twn2/html/pagination.php on line 135

Warning: Illegal string offset 'active' in /home/loanmodification/public_html/templates/gk_twn2/html/pagination.php on line 129

Warning: Illegal string offset 'active' in /home/loanmodification/public_html/templates/gk_twn2/html/pagination.php on line 135

Warning: Illegal string offset 'active' in /home/loanmodification/public_html/templates/gk_twn2/html/pagination.php on line 129

Warning: Illegal string offset 'active' in /home/loanmodification/public_html/templates/gk_twn2/html/pagination.php on line 135

Warning: Illegal string offset 'active' in /home/loanmodification/public_html/templates/gk_twn2/html/pagination.php on line 129

Warning: Illegal string offset 'active' in /home/loanmodification/public_html/templates/gk_twn2/html/pagination.php on line 135

Warning: Illegal string offset 'active' in /home/loanmodification/public_html/templates/gk_twn2/html/pagination.php on line 129

Warning: Illegal string offset 'active' in /home/loanmodification/public_html/templates/gk_twn2/html/pagination.php on line 135

Warning: Illegal string offset 'active' in /home/loanmodification/public_html/templates/gk_twn2/html/pagination.php on line 129

Warning: Illegal string offset 'active' in /home/loanmodification/public_html/templates/gk_twn2/html/pagination.php on line 135

Warning: Illegal string offset 'active' in /home/loanmodification/public_html/templates/gk_twn2/html/pagination.php on line 129

Warning: Illegal string offset 'active' in /home/loanmodification/public_html/templates/gk_twn2/html/pagination.php on line 135
  • images/banners/images1.jpg
  • images/banners/images2.jpg
  • images/banners/images3.jpg

We can help you stop foreclosure with a loan modification in the following states:

If you need help understanding your option of taking advantage of the home loan modification process, the help is available to you everywhere. The process is quite tricky and it is highly recommended that you do indeed seek legal advice before signing on the dotted line, in order receive the most efficient and cost-effective modification to your mortgage payment.

Where do I get Advice
There is advice all over the web on how to receive a loan modification; some of this advice is quite helpful, while some is quite dreadful. There is also the opportunity to hire a professional service that will help you go through the paperwork and work with the lender to help you get all the benefits that you deserve, due to a hardship. Loan modification is a process that must be understood completely and thoroughly. This article can actually offer you an insight on the process of loan modification and tips that will better help you as a homeowner save your home from the risk of a foreclosure.

Loan Modification Advice
First and foremost, it is important to determine if you are eligible for a loan modification. This requires writing a letter of hardship explaining to the lender what exactly the reason is for your late payments and the fact that you are unable to pay your mortgage. Doing a loan modification on your own requires more than just advice. Becoming educated about the process is more important. This is perhaps a good reason to hire a professional loan modification company to take part in the process. They will handle everything for you, while educating you in the progression. There is a fee charged for hiring these companies, but in turn your mortgage payment can be lowered quite a bit and professionals can even find things in your original loan papers that may prove that the lender may have broken the law during your original mortgage signing.

If you do choose to take the big leap of the loan modification process on your own, you must first contact the lender and they will lead you to the correct department, normally the loss mitigation department. You may not want to directly say that you are in the process foreclosure. We do not want the lender to think your situation is not worth their time before hearing you out. Always document anything relating to the loan modification process, every phone call and any other information you may receive during the process must be documented. Always discuss every option available with your lender, so that you may come up with the best alternative for you. It is true you will save money going directly through your lender and let’s face it, you are struggling already trying to make your payments, but professional assistance can help immensely.

No matter what direction you decide to take, loan modification will be what determines the amount of time you have in your home. If you are eligible you should act as soon as possible.

Register

*
*
*
*
*

* Field is required