Loan Modification

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  • Loan Modification

  • Success Rate

  • Stop Foreclosure

  • Who Qualifies

Behind on your mortgage payments?

You can still qualify for a loan modification if you are behind on your mortgage payments. In some cases it is easier to qualify if your are behind. It can cost up to $50,000 for a bank or lender to foreclose on your home.

If your bank or lender feels that modifying your loan will keep you in your home and save them from a costly foreclosure, it makes more sense to modify. When our attorney's prove to your bank that you can afford a modified payment, they are likely to modify your loan.

You can use the loan calculator on the left to see what your modified payment will look like. Generally the modified rate will be similar to the going rates for an a paper loan, but in many cases we have seen loans modified to as low as 2%

Our attorneys can negotiate to lower the delinquent payment amount as well. The amount that you are behind on your mortgage payments can be added to the loan balance. This will extend your loan period, but the lower interest rate will offset the difference

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