Mortgage Modification Advisors negotiates with lenders & financial institutions to keep you in your home so you can avoid foreclosure.

We can help if you meet the following criteria:

  • Are you behind on your mortgage?
  • Are you a victim of predatory lending?
  • Want to avoid foreclosure & save your home?
  • Are you currently in an adjustable rate mortgage?
  • Are you unable to refinance to a new loan?

What is a Loan Modification?

A Loan Modification is the change to one or more of the current terms of an existing loan made by a lender when a borrower is in default. A Loan Modification is not a refinance. A Loan Modification involves changes such as:

  • Reduction of monthly payments
  • Reduction of the principal balance owed
  • Lowering of the interest rate
  • Extension of length (term) of the existing loan
  • Forgiving past due amounts
  • Forgiving second lien balances

Lenders are willing to negotiate when borrowers are facing financial difficulties and can't obtain other financing alternatives. This only occurs once the parties to a delinquent loan (you and your lender) mutually agree to workout the problem by creating new and more manageable loan terms acceptable to all. The hope is that the new loan will enable the borrower to meet their obligations.

Lastly, lenders want to ensure that you will be able to remain current under the new terms of the Loan Modification that they extend to you; otherwise, what is the point? Lenders make Loan Modifications for a simple reason. They typically put Lenders in a much better financial position than a foreclosure would.

Save Your Home Now! Just Fill Out
The No Obligation Form Below.