Fall Behind On Mortgage After Loan Modification

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…

How To Write A Contribution Letter For A Loan Modification

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…

How Many Loan Modifications Are You Allowed?

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…

What Is A Streamlined Loan Modification?

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…

What Happens After A Loan Modification Is Approved?

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…

Tips For Getting A Loan Modification

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.