Do you need a loan modification?
There's been a lot of talk of political pressure been put on the government in the US on refinancing and loan modifications. What this means is that the house that you thought you might lose due to foreclosure can now be reversed.
It's a reality, basically, if you haven't sold your house yet then you could be a good candidate for a loan modification.
So if you are a resident in the US and make less money now than when you first bought your home, then you are a candidate for a loan modification.
If you have an adjustable mortgage then you are a candidate for a loan modification.
If you are behind on your current mortgage payments, then you are a candidate for a loan modification.
If you owe more on your house than what it's worth, then you are a candidate for a loan modification.
If you are in foreclosure now and about to lose your home, then you are a candidate for a loan modification.
Even if you are NOT behind on your current mortgage, but finding it hard to make payments then you are a candidate for a loan modification.
Simply put, if it's harder now for you to make payments on your house now than when you bought your home then you are a candidate for a loan modification.
If your home hasn't been sold yet then there's still hope.
There's no cost to find out, and can be the difference between losing your home.
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