Many people are not aware of the options available to them with regard to mortgage loans and do not know how to deal with their lender. At America's Loan Modifications we are specialized in dealing with these issues, and we can help you.
My name is Bob, and I've been in the real estate business for many years. I created this blog in order to help some of the thousands of American's out there who are in dire straits.
More help is available via my web site:
AmericasLoanModifications.com
We specialize in working with banks to re-negotiate home loans. We can lower your interest rate, clear up late payment issues, and protect you against foreclosure.
Here is some more information on loan modification:
A Loan Modification is "a permanent change in one or more of the terms of a mortgagor's loan, which allows the loan to be reinstated, and results in a payment the mortgagor can afford." In other words, your interest rate can be lowered, your remaining balance re-amortized and/or the current term of your loan extended, in order to reduce your monthly payment.
There are costs and fees associated with a modification that you will be responsible for, and for which you will have to make an immediate payment.
In order to qualify for a Loan Modification, all property taxes must be current, or you must be participating in an approved payment plan with your taxing authority. If you have any additional liens or mortgages with other lenders – they must agree to be subordinate to the first mortgage.
An excellent article on this subject, written by a gentleman named Moe, can be found Here.
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If you are looking into getting a home equity loan to ease up your financial problems,Business loan,Personal loan,Car loan,entitle loan,construction loan. Here are the details to help you in making the right decisions to help your financial problems.
Mr Pedro Jerome is a loan lender who resides in the USA.
Email him on: pedroloanss@gmail.com
Whatsapp: +18652310632
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