CHANGE THE TERMS OF YOUR LOAN SO THAT YOU CAN AFFORD PAYMENTS
Currently, Americans are in the midst of the worst economic crisis in over 80 years. The recession has adversely affected millions and made it difficult for many people to keep up with their expenses, especially homeowners. As the real estate market continues to plummet, it is essential for homeowners to understand they have the opportunity to modify their existing home mortgage through the use of a loan modification lawyer here in Los Angeles. In response to the economic slowdown, the major lenders/banks and government are working together to save people’s homes by “reworking” their current mortgages into an agreement the homeowners can afford.
Through the Loan Modification process for modifying loans here in Orange County, both the bank (lender) and the homeowner (borrower) make money. Even when the bank agrees to lower your interest rate and lower your monthly payment and loan amount, the banks will continue to make money while you save money and are allowed to keep your home. This is why the assistance of a loan modification lawyer in the Los Angeles area is invaluable.
The ultimate goal is to make the loan affordable for the homeowner in the long term. Usually, loan modifications come in the form of rate reductions, fixing the interest rate, extending the term of the loan, and reducing principle. Modifying your loan in Orange County and across the nation is a permanent change, and is negotiated on your behalf by Joshua Sternberg and the Sternberg Law Group. Lenders including Fannie Mae, Freddie Mac, HSBC, Wells Fargo, Countrywide, CitiBank, Household, JPMorgan, IndyMac, GMAC and more are all modifying existing loans.
If you can no longer afford the terms of your mortgage, then a loan modification may very well be perfect for you. To learn more about modifying your loan in Orange County through the services of one of our loan modification lawyers in Los Angeles, contact us today.
Adjust the terms of your loans to make your payments more affordable.
If you require mortgage modification in Los Angeles, you have come to the right place. Our mortgage modification attorneys are experts at securing loan modifications for our clients that help to make their loans work for them, saving them from losing their home and ending up in financial ruin.
The economy has started to turn around. Unfortunately, many of us have yet to see that in our own lives. Millions of Americans have lost their homes in the process, and you do not want to become part of those statistics. It is essential that you understand that you have the opportunity to modify your current mortgage through the services of a loan modification lawyer here in L.A.
Our team has been modifying loans in Orange County and L.A. for years. We have the experience you can trust and want to have working for you. The truth is that major lenders do not want to foreclose on your home as it isn’t profitable for them; it is much better for them and for you to modify your loan. L.A. area residents can easily keep their home and save their finances by enlisting our services. Through loan modification in Los Angeles, everyone comes out happy.
We can help you modify your loan in L.A. If you can no longer sustain your mortgage with its current terms, contact us today.