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: 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 […]
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 […]