Our services can assist you in achieving the following:
- Implement a step rate mortgage
- Extend term of the mortgage
- Reduce or modify the interest rate on the mortgage
- A reduction in Principal if a homeowner is “upside down”
- A combination of one or more of the five.
- Short sell you property
Why would someone use a Loan Modification
- To remove a loan from foreclosure
- To bring the loan current
- To adjust the loan terms
Items to consider before requesting a loan modification:
- Must have experienced a hardship resulting in a reduction in income that affects ability to make monthly mortgage.
- Must have a source of stable monthly income.
- Want to retain ownership of property
- Occupy the property as primary residence
- Can modify one Investment property per new National Guidelines
Foreclosure situations tend to be extremely time sensitive so please contact us today for a consultation with one of our specialists or please download the form to apply today! |