Modify
A Fresh Start - Loan Modification helps borrowers change their note and have a chance to start over as accounts are brought to date right away.
By modifying your loan you change your interest rate and payments to change to a fixed rate that will be more practical for borrowers.
Negotiation - When borrowers have financial difficulties and don’t have alternative financing options, lenders are open to negotiate and will often be willing to reduce the interest rate, monthly payment amounts and / or loan term to allow you to avoid foreclosure.
Foreclosure - It is very common for lenders to lose money on foreclosures. This is worse if they are forced to claim ownership of a property. In areas hit hardest by foreclosures, lenders lose even more. This is good news for you since lenders and their investors do not want to lose on your loan.
If you would like to see if we can help then contact us!