Loan Modification

 

A loan modification is a request by the borrower for a favorable change in the terms of their loan.   In many instances, principal deferment, extensions of time, permanent reductions of interest rates and interest-free deferment of portions of your principal are all concessions which our firm has seen. 

 

If you have experienced a financial hardship (loss of employment, drop in income, medical expenses, divorce, a hike in your monthly payment), you may be eligible for a modification.  Whether you are delinquent or current on your loan payments, our firm can offer you options.  Don’t feel left out in the cold.  Call our firm to explore your alternatives.