Start A Loan Modification, Save Your Home
February 24, 2009 by rowena
Filed under Helpful Info
Don’t lose your home to foreclosure, start your loan modification today! A loan modification can help lower your current interest rate, reduce your principal balance, turn your adjustable loan into a fixed loan and will help you STAY in your HOME!
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What is a loan modification?
A loan modification is a negotiation between a lender and a borrower whereas the loan terms are restructured without refinancing. The rate and terms of your loan are restructured to fit your current financial situation. The modification agreement is submitted by the bank for your approval. It is usually a few pages long and just requires your signature for approval. This agreement will alter the term of your note!
You can try to do it on your own. Keep in mind the bank is not your friend. Most people can’t negotiate the best loan, so they need someone who understands their rights and the process of loan modification. Congress recently passed laws that give consumers special rights to help them modify their loan. Start a Loan Mod has a network of Negotiators work for you. They are pre-screened are your advocate throughout the process. Possibly the most important reason you should work with them is the fact that all families who are candidates for loan modification are experiencing very difficult times. Extremely high levels of stress cause sadness and confusion. You need an advocate who understands how difficult it is for you and your family to weather such a storm. Start A Loan Mod understands your need!
Start A Loan Modification Today!





