LOAN MODIFICATIONS

Loan modification may be a better solution than Short Sale or Foreclosure. If you are facing foreclosure or a short sale, your adjustable rate mortgage is adjusting to an unaffordable rate or can’t afford your payments, we can help. Let us help you obtain a loan modification and give you a fresh start to financial health. We are experts in helping home owners nationwide with long-term solutions for their mortgage loans. Let us help you through this process !!!!

What is a Loan Modification ? A good way to think of a loan modification is to treat it like a traditional refinance without a lot of the headaches. Loan modification “Modifies” the original terms of your mortgage agreement by either:

* Adding the delinquent balance to the loan

* Reduce the interest rate

* Extend the years due

* Reduce the balance owed

What does a GOOD Modification candidate look like?

    1)Cannot qualify for conventional or government financing

    2)Negative Equity Positions (“Upside Down”)

    3)Have an adjustable rate mortgage, or their fixed rate is about to adjust

    4)They are delinquent in their payments, etc…