Tag Archives: Modification

Loan Modification: Savior for the Struggling Homeowner or Just Another Scam?

Loan Modification: Savior for the Struggling Homeowner or Just Another Scam? It seems like every day we hear some new story about homes being foreclosed on or homeowners simply, feeling hopeless and in desperation to start over, walking away from

Loan Modification Basics: What You Need to Know

Loan Modification Basics: What You Need to Know Heard of loan modification? If you haven’t, you soon will. As more and more ARM’s reset to a higher rate, many homeowners are discovering that they can no longer afford their mortgage

Is Loan Modification Worth the Cost?

Is Loan Modification Worth the Cost? If you’ve been looking into loan modification, then you already know that the fees can run into the several thousand. Upon hearing that, you’ve probably had moment to pause and wonder, “Is it worth

Separating Legitimate Loan Modification from Foreclosure-Rescue Scammers

Separating Legitimate Loan Modification from Foreclosure-Rescue Scammers If you’ve looked into loan modification as a way to save your house from foreclosure or to help you save some money, then you probably already know that it requires an upfront payment.

Loan Modification: Why You Don’t Want to Attempt It on Your Own

Loan Modification: Why You Don’t Want to Attempt It on Your Own My, how time flies when times are good. It seems just like yesterday that you got a great opening rate on your mortgage. You negotiated an amazing deal

Do You Need a Loan Modification Attorney?

Do You Need a Loan Modification Attorney? Loan modification attorneys are being to become more common as foreclosures become more common. Unfortunately, the current economy and the current housing market trend have put many people in danger of losing their

Mortgage Loan Modification or Refinance Plan – Which Option is Right for You?

Mortgage Loan Modification or Refinance Plan – Which Option is Right for You? President Obama’s federal loan modification program called “Making Home Affordable” is offering two basic programs for the struggling homeowners. The first program is the streamlined refinance program

Digging Your Way Out of a Bad Mortgage with Loan Modification

Digging Your Way Out of a Bad Mortgage with Loan Modification So you’ve somehow managed to find yourself in a bad situation with your mortgage. So bad, in fact, that you feel hopeless, as if there is no longer any

Save Your Credit with a Car Loan Modification

Save Your Credit with a Car Loan Modification Having a good credit report not only affects the terms of future car loans, but also an array of other credit products such as a home loan, auto insurance, mobile phone deposit,

Loan Modification and Mortgage Refinancing: What’s the Difference?

Loan Modification and Mortgage Refinancing: What’s the Difference? At first glance, loan modification can look very similar to a simple mortgage refinance. But the trained eye knows that the two are, at best, distant cousins. Each has a very different