A Home Loan Modification is designed to help the distressed homeowner remain in their home by reducing their monthly mortgage payments.

This occurs by negotiating new terms with their current lender. Primarily designed for Homeowners who are currently in a hardship situation and can no longer afford their monthly mortgage payments.

Such hardships include loss of income, divorce or separation, unforeseen medical expenses, legal matters, even including encarcaration.

The most common hardship our clients experience are due to adjusting rates affiliated with the “Option Arm” or “Adjustable Loans”.

Overall a Loan Modification in most cases is the best solution for the distressed Homeowner who intends to remain in their home for years to come.