Information On Modifying Your Loan
A loan modification is a process by which new terms are worked out on an
existing loan agreement. It can be applied to almost any situation in
which you have borrowed money. It takes time, perseverance and dedication
to negotiate a loan modification.
You must understand the strengths and weaknesses of your position before
you begin to negotiate a loan modification. Do you owe more than the property
is worth? Will the bank make more money by simply
foreclosing on the property? Can I afford the payments even if the loan is modified?
Price Law Group, we can help you understand what the benefits of loan modification will
be for you. We will work hard to get you the best possible deal on your
loan modification and stop foreclosure action on your home.
In the current economic climate, many of the major lenders are willing
to come to the table and consider loan modification. Negotiating with
large lenders like Bank of America, Wells Fargo, Chase Bank or CITI Mortgage
can be an overwhelming process. We offer the help you need to push through
and get your loan modification approved.
For more information call us at 866-210-1722 or fill out the form below.