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911eLaw provides complete loan modification services for homeowners facing the threat of foreclosure or short sale. Utilizing a network of lawyers from throughout the United States, we provide a unique solution to your specific circumstances.
A loan modification is a complex financial transaction, literally re-working the details of your mortgage to ensure that you can keep your home, maintain your payment history, and not suffer from the long-term burden of bankruptcy or foreclosure. Typically lenders take a variety of factors in to consideration when approving a loan modification, and it is important to have experienced professionals working on your behalf.
Loan modification agreements are different from forbearance agreements. A forbearance agreement provides short-term relief for borrowers that have temporary financial problems. Alternatively, a loan modification is a long-term solution for borrowers who may never be able to repay the entire loan as it is currently written.
There is no simple formula for determining your eligibility for a loan modification. State and federal policies and guidelines are changing daily, and banks are constantly updating and revising their loan modification criteria based upon changing market conditions. We keep abreast of the latest and pending changes in the marketplace, and will work with all parties involved to ensure a hassle-free transaction.
Getting started is easy. Just give us a call today and we’ll guide you through the process.
* We do not currently offer Loan Modifications in the following states: Colorado (CO), Illinois (IL), Maryland (MD). We apologize for any inconvenience.
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