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A small wooden house sits on top of mortgage papers that a hand is signing.

What You Need to Know Before Applying for a Loan Modification

A mortgage loan modification is when a lender agrees to restructure the terms of the loan agreement. To make it more manageable and affordable for the borrower. A loan modification is often the last resort and best case scenario for a homeowner who is on the brink of foreclosure. Preparing for the mortgage loan modification […]

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