Q: What is Mortgage Modification?

A: A procedure where your loan(s) payment plan is altered due to the hardship of the borrower. Outcomes can include a lowered rate, 30-40yr fixed term, 2nd or 3rd mortgages reduced or eliminated, principle reduction, etc.

Q: How long do I have to act?

A: Time is of the essence when you are behind on house payments. Time is definitely not your friend in this situation. Each day that passes makes it that much harder to get a work out agreement with your lender that you can live with.

Q: How far behind on my payments do I have to be before I can qualify?

A: If you know that you are unable to make the next payment, act now and click the link below to contact a company that can assist you immediately. (The sooner you do, the sooner they can generate quick results and create much more leeway for you.) If you are more than a month behind or even in the foreclosure stages, you may still be a prime candidate for a mortgage modification as well.

Loan Modification