Veterans Affairs (VA) loans have specific guidelines about loss mitigation and loan modifications that differentiate them from traditional loans. Unfortunately, it’s common for VA home loan modification guidelines to say one thing about loan modification implementation and for servicers to implement a different process or loan modification. Navigating the VA loan modification process can be…
Loan modifications are designed to help make your mortgage payments more manageable for your financial situation. It’s understandable that unexpected financial burdens might make your loan modification unaffordable for a period of time. If you’ve defaulted on your loan modification or are at risk of falling behind on payments, there are options that can help…
Applying for a loan modification can be a complicated process. There are a lot of steps involved in the application. It’s important to carefully go through all the steps to give your loan modification application the best possible chance of approval. There are a lot of different parts of loan modification applications. Details may seem…
A forged signature on a loan modification can create a lot of issues. You could find yourself in trouble with your lender for not meeting a loan agreement that you didn’t actually sign. If you believe your signature’s been forged on a loan agreement, taking action as soon as possible is important. The longer you…
A loan modification can be a good option to modify your mortgage if you’re struggling to make your mortgage payments. Getting a modification allows you to work with your mortgage lender to adjust your mortgage payments to make your financial situation more manageable. If you’ve already modified your loan in the past and are in…
There are a lot of different options available for changing or altering mortgages if your current mortgage is unaffordable. Loan modifications are common mortgage options that you may have heard of. A streamlined loan modification is a particular type of loan modification. Streamlined home loan modifications are less common and less well-known than traditional loan…
Loan modifications can be a great option to avoid foreclosure and lower your monthly payments if you’re struggling with your mortgage payments. Getting a loan modification can require a lot of time and effort. You spend time gathering your documents to apply, applying, and waiting for approval. The loan modification process isn’t over even after…
If you’re considering a mortgage modification, it’s a good idea to work with a foreclosure attorney that you trust. An experienced attorney understands the mortgage modification process and can help you determine your options and the best choice for you.
Are you a homeowner struggling to keep up with your mortgage payments and worried you might be facing foreclosure? The good news is you may have resources available to you that will help delay or stop foreclosure altogether.
Before applying for a loan modification, it’s important that you’re aware of all of the different loan modification requirements. Even if you meet all of the requirements, it can still be difficult to get a loan modification approved. Before starting the process of trying to modify your loan, consider talking to an experienced loan modification lawyer.