Can I Apply For Loan Modification? When and How Is It Considered

Loan modification can be a lifesaver for people struggling to pay off their loans. The process allows you to change the terms of your loan to make your monthly payments more manageable, giving you a chance to keep your home and avoid default or foreclosure. In this article, we’ll go over what loan modification is,… Continue reading Can I Apply For Loan Modification? When and How Is It Considered

7 Things To Consider When You Go For Loan Modification

The most common scenario for a loan modification is usually a foreclosure. What most homeowners do not know is that going down this road can cause problems in the future. There are instances where lenders will allow and even encourage other options. For example, short sales, although not a popular option, many lenders will allow… Continue reading 7 Things To Consider When You Go For Loan Modification