Loan modifications are a long-term mortgage relief option for borrowers experiencing financial hardship, such as loss of income due to illness. A modification typically changes the loan’s rate, term ...

If you’re seeking more affordable mortgage payments, a loan modification or a refinance could both help. Loan modifications are for homeowners experiencing financial hardship who are unable to make ...

A mortgage loan modification can offer an opportunity for borrowers to get their monthly payment on their mortgage reduced to an amount they can afford. A mortgage loan modification may extend the ...

When hard times hit, keeping up with your mortgage payments can be a challenge. Job loss, medical bills and crushing debt problems are just a few situations that can throw you into arrears. The good ...

The Flex Modification program helps homeowners experiencing financial hardship to extend their loan term and reduce principal and interest payments. The program can reduce payments by up to 20 percent ...

Discover the benefits and drawbacks of loan modification programs, eligibility requirements, and alternatives for struggling homeowners. Learn more today.

When you finance a home with a mortgage, you’re obligated to make payments on that mortgage on a regular basis, usually on the first of each month. If you run into financial difficulties, though, you ...

A 40-year mortgage spreads your payments out over 40 years, giving you a lower, more affordable monthly payment. These mortgages can be costly over the long term, as you'll pay much more in interest ...

Backers of a new California law that bars mortgage modification services from charging up-front fees say the rules will put scam artists out of business. But real estate attorneys say the new rules ...