For many homeowners struggling to pay their mortgage and in danger of foreclosure, a loan modification could be the best way to make their mortgage payments more affordable.
You can apply for a loan modification much like you would apply for refinancing your mortgage loan—but the result is not a new loan, rather a restructuring of your current mortgage loan that brings you current. It often also reduces your payments to something you can afford.
Take a look at the frequently asked questions below for more details about the loan modification process and your options.
At Ark Law Group, we understand dealing with debt can be confusing and overwhelming. Our experienced staff is here to help and will guide you to the fresh start you deserve.