Do you qualify for a loan modification?

Millions of Americans are reaching out for help to deal with their lenders to get a loan modification

The most common question concern of most home owners today is how to restructure their current mortgage into a more affordable payment plan.

While no lender is obligated to modify your current mortgage, our firm will present a very clear case to your lender that will explain why it is in the lender’s best interest to modify your current loan program. Thus, you could be a candidate for a Loan Modification if you are:

• A home owner in financial distress due to; an increase in interest rate or payment on an Adjustable Rate Mortgage. Temporary decrease or loss of income from an unusual event (illness, laid off, emergency, etc.)
• A home owner who doesn’t qualify for a refinance due to; negative, limited, or no equity in home or is behind on payments.
• A home owner who was given a fraudulent loan; overstated income, misrepresented occupation, Disclosure Violation, misunderstood terms (Neg Am or ARM vs Fixed) or confusing documents (English vs. Spanish.)
• A home owner with a sincere desire to keep their home and who can afford a reasonable payment if given a fresh start.

Or if it is determined that you qualify under one of the current government mandated mortgage modification programs.  Please be sure to contact the Burgess Law Firm today if you feel that you are in need or a modified mortgage payment.