Loan modification agreements change the terms of your existing mortgage and may include reducing the principal amount and/or changing the interest rate charged by your lender. In some instances, lenders may extend your loan term as well. Loan modifications vary widely between lenders and the terms offered by the same lender also vary from one geographic area to another. Our office will guide you through the loan modification process, and thereafter properly document the modification to assure you reach your desired result. To set up a consultation to evaluate whether or not a loan modification would be in your best interest, click below.
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