Category Archives: Federal Loan

Loan Modification FAQ: Your Questions Answered

Loan Modification FAQ: Your Questions Answered Loan modification — modifying your home mortgage to make it more affordable — is quickly becoming a common method distressed homeowners are taking advantage of in order to stave off foreclosure. But just how

Common Questions and Answers About Loan Modification

Common Questions and Answers About Loan Modification Recent changes in loan modification law and regulations have made it more accessible to more people, thus opening up additional possibilities to those at risk for losing their homes to foreclosure. But if

How Will Loan Modification Help Me?

How Will Loan Modification Help Me? You’ve probably seen the ads in your email inbox or while surfing the Web. “Loan modification” is the latest and greatest fad with promises to save homeowners in crisis. If you’re one of the

How Loan Modification Affects You: The Good and the Bad

How Loan Modification Affects You: The Good and the Bad In the midst of the recession and a collapsing real estate industry, many homeowners are being forced to face — either through job loss, increasing interest rates on an ARM,

Loan Modification: Savior for the Struggling Homeowner or Just Another Scam?

Loan Modification: Savior for the Struggling Homeowner or Just Another Scam? It seems like every day we hear some new story about homes being foreclosed on or homeowners simply, feeling hopeless and in desperation to start over, walking away from

Loan Modification Basics: What You Need to Know

Loan Modification Basics: What You Need to Know Heard of loan modification? If you haven’t, you soon will. As more and more ARM’s reset to a higher rate, many homeowners are discovering that they can no longer afford their mortgage

Is Loan Modification Worth the Cost?

Is Loan Modification Worth the Cost? If you’ve been looking into loan modification, then you already know that the fees can run into the several thousand. Upon hearing that, you’ve probably had moment to pause and wonder, “Is it worth

Separating Legitimate Loan Modification from Foreclosure-Rescue Scammers

Separating Legitimate Loan Modification from Foreclosure-Rescue Scammers If you’ve looked into loan modification as a way to save your house from foreclosure or to help you save some money, then you probably already know that it requires an upfront payment.

Loan Modification: Why You Don’t Want to Attempt It on Your Own

Loan Modification: Why You Don’t Want to Attempt It on Your Own My, how time flies when times are good. It seems just like yesterday that you got a great opening rate on your mortgage. You negotiated an amazing deal

Do You Need a Loan Modification Attorney?

Do You Need a Loan Modification Attorney? Loan modification attorneys are being to become more common as foreclosures become more common. Unfortunately, the current economy and the current housing market trend have put many people in danger of losing their