Bankruptcy is not your only option for saving your home.
There are several options available to families and individuals facing foreclosure. Bankruptcy debt relief and loss mitigation are powerful tools that can help save your home, but they are not your only options.
A loan modification can make your home more affordable by amending one or more of its terms. If your loan can be modified, the result is an affordable mortgage payment schedule without any arrears owed.
Loan modification does not have to be stressful.
At Warner & Warner, PLLC we strive to make the loan modification process as stress-free as possible for you. Our attorneys and staff possess the knowledge and experience to deal with the bank on your behalf.
You’ll never have to speak to another bank representative and tell your story again. No more rushing to the post office to submit dictionary-sized stacks of documents for the third, fourth, or fifth time. We’ll even attend court settlement conferences so you don’t have to.
What are the benefits of loan modification?
The potential benefits of obtaining a loan modification cannot be overstated.
A loan modification can lower mortgage payments by:
- lowering your interest rate,
- extending the term of your loan,
- eliminating late fees,
- and/or rolling the arrears into the back of the mortgage.
In any of these cases, the result is a more affordable mortgage payment.
Still have questions about loan modification?
Call (518) 451-9388 to schedule your free consultation today!