Loan Modification

Why You Shouldn’t Go To Your Mortgage Company Directly And Instead Do This First

Loan Modification Process From Radow Law Group

You need a loan modification lawyer who can help you make changes to the way that you are paying off your loan. You should not go right to your mortgage company thinking that they can make this happen. This is not a good time to let the mortgage company handle the case. You can have a lawyer look at your case, and you will start a negotiation that ensures you get a loan that is affordable.

1. Bring All Your Paperwork

Radow Law Group has worked for years with people who need help with loan modification. The firm is a gamut of lawyers who know how to make the right choices for each client, and these lawyers will draw up a loan program for the customer that they will find is most helpful. In fact, the lawyer can float a plan to you that might be helpful as a starting point. They will negotiate with the mortgage company, and they will use industry information to complete a proper modification.

2. Ask For What You Want

You might have an idea of the type of loan you need, and it would be wise to ask for the loan modification that would help you with your budget. Most people who get a loan modification have gotten something that is close to their desired plan, and they are hoping to improve their payment plan just enough to make it affordable. You should negotiate with your lawyer on the rate plan that you have, and you can go back and forth until you get what you want.

3. Plan For The Future

Do not take a short-term agreement that will only solve your problem for a short time. You should ask your lawyer if they can get you a loan modification that will last for a long time. You need a whole new loan that will be easy for you to afford. Plus, you need to know that you can keep up this plan or sell the house once it has started. You can get what you need out of the loan without wondering what you will do in a few months.

4. Anyone Can Change Their Loan

Everyone’s situation is different, but they all have a chance to change their loan to something that they can afford. You could make a change to your overall financial future, and you will start paying less. You must ask about the options that you have because that is cheaper than paying the wrong amount every month. You might not get the best loan modification, but you can get something that lowers your payments to an acceptable level.

Change your loan needs with Radow Law’s confidence!

Someone who would like to change their loan needs to find a lawyer who can help them. You should not try to speak on your own, and you must have the lawyer give you constant updates. Contact Radow Law Group for help with the loan modification program that is best for you. You can get in touch with a loan modification lawyer that will show you what to do, how to do it, and who will expedite the process. You can get this loan program started right now, and you can make your payments more affordable, avoid paying too much for your loan, and keep your family in your house.

Michael S. Sheena is a founding partner at the Radow Law Group, P.C. He has significant experience handling complex bank negotiations, foreclosure cases, and real estate transactions. During his five years at the Radow Law Group, he has assisted in the successful negotiation and settlement of countless commercial and residential properties in default