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Search by tag: what-is-a-loan-modification

Small red toy house next to coins and a pen representing that it is time for a loan modification on the mortgage

Blog February 16, 2021

Loan Modification vs Short Sale: Which One Is Best for You?

When a homeowner can no longer afford the mortgage, it’s time to decide how to get out of debt. There are two main types of debt relief available: a loan modification or a short sale. You must take the time to understand what each of these options entails, including its advantages, before making a decision. […]

loan modification

Blog March 13, 2020

Loan Modification: How to Avoid Mortgage Foreclosure

Since 2007, almost 4.2 million people have lost their homes to foreclosure. Financial hardships can strike when we least expect it and can lead to foreclosure or worse. Fortunately, a loan modification can lower your monthly mortgage payments and make managing debt a little easier.  What Is a Loan Modification? A loan modification is a […]

loan modification

Blog September 25, 2019

Staying in Business Through a Loan Modification

If you are a business owner struggling to meet the minimum monthly payments on a loan, you know how stressful life can be. You may be facing increased production costs, decreased revenues, or changes in your market. A loan modification may be the answer for you. Whatever the cause of your loan repayment struggles, you […]

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