Loan Modification
A Loan Modification is a formal agreement in which a mortgage lender agrees to favorably change (modify) the term of a borrower’s loan. The change in term can be temporary or permanent and may include lowering the borrower’s interest rate, reduction of the principal balance, extension of the repayment period, deferment of delinquent payments, or a combination of these factors. To find out more about loan modifications, order our FREE eBook, Successfully Modifying your Mortgage: What Your Bank Requires For Approval.
If you have missed mortgage payments or are struggling to remain current, you may be eligible for a Home Affordable Modification. The Home Affordable Modification permanently changes the terms of your mortgage loan, decreases the payment and enables you to comfortably keep your home.
To determine your eligibility for Home Affordable PAYMENT RELIEF, please complete the form below.