There are many reasons homeowners face difficulty in making mortgage payments: unexpected expenses, loss of overtime, unemployment, overspending, illness/injury, disability, death, marriage, childrearing, divorce, education, and relocation.
Are you having trouble keeping up with your mortgage payments? Have you received a notice of default from your lender?
A Loan Mortgage Modification is a permanent change in one or more of the terms of a mortgagor’s loan, allows the loan to be reinstated, and results in a payment the mortgagor can afford. Through Loan Modification, even the interest rate and payment amount can be negotiated and adjusted. QUESTION […]