A Loan Modification is when a lender agrees to change the terms of your current mortgage to make it more affordable.
"In order to be approved for a loan modification you must meet specific criteria."
Some examples are: Lowering the interest rate, extending the term, reducing the principal balance or giving you a break in your payments for a short term to help you get back on track.
Since this solution benefits both you and the lender New Team has had success negotiating Loan Modifications for the RIGHT candidates. .
