Loan Modification

Are you in financial distress due to an increase in interest rate or payment on an Adjustable Rate Mortgage? Do you have a decrease or loss of income from a hardship event? (illness, laid off, emergency, etc.) Do you owe more than your property is worth? Were you unable to refinance due to negative, limited, or no equity in your home or behind on payments?

Work with a qualified attorney to lower your mortgage payment! As adjustable mortgages reverted to regular interest rates, a large number of homeowners have found themselves unable to make ends meet, and many have lost their homes to foreclosure.  The Broker Network connects people with a law firm who can help homeowners in financial hardship to restructure their loans and avoid foreclosure, in most cases drastically reducing payments. The law firm has a team of experienced lawyers and financial experts and has helped many Americans survive their crisis and save their homes.  The U.S. housing bubble has left many homeowners in mortgage crisis, but our Loan Modification program offers a practical solution. You do not need to be behind on your mortgage to qualify. In many cases, this process may not have a negative effect on your credit. There is no upfront fee to see if you qualify. Lower your interest rate and payment. Change an adjustable to fixed rate. Eliminate prepayment penalties. Waive late fees and payments. Reduce principal mortgage balance. Include past due property taxes into the loan.   Before Modification After Modification Example #1 Balance = $275,000.00 Balance = $275,000.00 Interest rate = 8.41% (Adj.) Interest rate = 4.50% (F.R.) Loan term = 30 years Loan term = 40 years Monthly payment = $2,096 Monthly payment = $1,236 Example #2 Balance = $400,000.00 Balance = $400,000.00 Interest rate = 7.5% (Adj.) Interest rate = 3.45% (F.R.) Loan term = 10 years Loan term = 10 years Monthly payment = $2,492 Monthly payment = $1,176 Example #3 Balance = $725,000.00 Balance = $598,000.00 Interest rate = 7.125% (Adj.) Interest rate = 6.125% (F.R.) Loan term = 20 years Loan term = 30 years Monthly payment = $4,392 Monthly payment = $3052 For more information...