Disclaimer: The links above are YouTube videos of news station stories about loan modifications and/or foreclosures. We are not in any way affiliated with or endorsed by the above news broadcasting entities.
Disclaimer: The links above are YouTube videos of news station stories about loan modifications and/or foreclosures. We are not in any way affiliated with or endorsed by the above news broadcasting entities.
Doing a Loan Modification with the Help of an Experienced Law Firm Could Save Your Home and Lower Your Mortgage Payment!
Simply fill out the short form to the right in order to speak with an experienced law firm representative today.
Get a brief overview of your options from a law firm who cares, and ask questions about programs that may help you with your lender. If you prefer, you can call directly at (866) 707-7676 and talk with a LIVE person. Why wait? Call now.
What mortgage assistance programs are available?
There are many options out there and if you don't know what yours are, mortgage default can be a scary and frustrating time. If you are searching online for help you may find websites promoting loan modification, refinance and even government assistance programs. The truth is there are several government backed mortgage assistance programs, for example HAMP (also known as "The Obama Plan") and HAFA. There are also many non government programs and legal solutions available. Your situation and needs as a homeowner are going to dictate what is best for you.
In order to find out what options best fit your current needs - as well as what you might qualify for - it's best to take some time to speak with a law firm. You can receive a FREE consultation TODAY by filling out the application above, or by calling 866-707-7676.
Possible Alternatives to Foreclosure:
- Loan Modification
- Forbearance Agreement
- Repayment Plan
- Deed in Lieu of Foreclosure
- Refinancing
- Bankruptcy
- Short Sale
What is a Mortgage Loan Modification?
A loan modification is when your mortgage note / loan is modified without refinancing. This may include a monthly payment reduction, a lower fixed rate and even a principal balance reduction which is common for homeowners with negative equity.
What is a Short Sale?
A short sale on a house is selling it for less than what is owed on the house. The sales price will be short of the mortgage balance. If the lender approves the short sale then the owner will not be responsible for the difference.
What is a Deed-in-Lieu of Foreclosure?
In most cases if a home fails to be sold during a short sale the lender may consider a deed-in-lieu of foreclosure. A deed-in-lieu of foreclosure will allow the homeowner to transfer ownership of the property to the lender. The lender will sell the home and receive a portion or all of the balance you owe on the mortgage note.