Loan Modification or Loan Restructuring

A large number of people will find themselves using a Loan Modification Plan to stop foreclosure. If you can currently make your regular payment, but you can’t catch up with the past-due amount, you can negotiate with your lender to fold any past-due amounts, including interest and escrow, into the unpaid principal balance. This new amount will be re-amortized over a new period of time.

Or, if you are unable to make payments at this rate, you can negotiate with your lender to extend your loan for a longer period of time, modifying the loan amount to a more affordable level.

A Loan Modification will change your existing mortgage note and give you a fresh new start in managing your home. Your account will be brought up to date immediately.

WORDS TO LIVE BY

Remember what the Scriptures say:

“Many are the afflictions of the righteous, but the Lord delivers them out of them all.”
Psalm 34:19

And the words of Peter:

"Beloved, do not think it strange concerning the fiery trial which is trying you, as though something strange were happening to you..." 1 Peter 4:12