Loan Modification

 

A Loan Modification is a formal agreement in which a mortgage lender agrees to favorably change (modify) the terms of a borrower’s loan. The change in terms 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.

 

To determine if you qualify for a loan Modification, please complete the Questionnaire bellow.

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Successfully Modifying Your Mortgage:
What Your Banks Requires For Approval
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Without expert assistance, 70% of loan modifications fail. Find out what your bank requires to APPROVE your loan modification.
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What is the property address (include city, state & zip)?
Is the subject home your primary residence? YesNo
If the subject property a rental, is it leased or going to be leased in the near future? YesNo
Have you experienced a decrease in income? YesNo
Have you experienced an increase in expenses (medical bills, etc.)? YesNo
Are you facing any other type of hardship? YesNo
Are you current on your mortgage payment or less than one payment behind? Yes (current or less than 30 days delinquent)No (over 30 days delinquent)
Was your mortgage taken out prior to January 1, 2009? YesNo
Is the amount you owe on your first mortgage equal to or less than $729,750 YesNo
What is your total monthly payment (including principal, interest, taxes & insurance)?
What is your total monthly GROSS income (i.e., income before taxes and deductions)?
First Name:
Last Name:
Email Address:
Phone #:
Question or comment:
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