Mortgage modification & assistance
Whether you are behind on your mortgage payments or your interest rate is too high, I can guide you through the loan modification application process. If you are in behind (or in “default”) on your loan obligations, a loan modification will typically bring the loan current. If the payments are becoming unaffordable, a mortgage modification can help lower your interest rate thereby reducing monthly payments. Mortgage companies typically offer two types of modification options: first and foremost, government programs administered through the Making Home Affordable Program (www.makinghomeaffordable.gov/) like HAMP; and second and more rare, proprietary (or “in house”) modifications offered by the mortgage company directly.