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If you’re like millions of Americans, you’re facing a possible foreclosure due to a challenging financial hardship. You may be struggling with your monthly mortgage payments, overwhelmed by phone calls from your home loan lender and hoping that there’s a way out of your situation. The good news is that a home loan modification may be the answer you’ve been looking for. The Feldman Law Center is here to keep you in your home, lower your monthly payments and to help you every other way we can with your home loan modification so you dont go into foreclosure.
The Feldman Law Center Can Help You:
- Stop Foreclosure
- Lower Your Payment
- Lower Your Interest Rate
- Lock Into A Fixed Rate
- Avoid Bankruptcy
- Save Your Home
What is a Home Loan Modification?
A loan modification is the process whereby a homeowner’s mortgage is modified and both the lender (bank, mortgage company) and the homeowner are bound by the new terms. A home loan modification can put you in a much better financial situation in the following ways:
- It can lower the interest rate on your mortgage
- It can reduce the principal balance
- In can “fix” the adjustable interest rate
- In can increase the loan term
- It can lead to the forgiveness of payment defaults and fees
- Or any combination of these depending on what your home loan modification attorney can do for you
The Feldman Law Center’s loan modification specialists can assist you in determining the best modification option for your unique situation.
California Home Loan Modifications
In California, laws passed by the state legislature, in conjunction with federal laws, have created a friendly environment for home loan modifications. However, only skilled California home loan modification attorneys, such as those at the Feldman Law Center, can successfully and efficiently guide you through the process. Lenders and banks will still look to base any financial deal in their favor, so you need an experienced home loan modification attorney working for you and with you to get YOU the best deal possible.
When Do I Start?
Many people need time to think about major decisions such as refinancing a home loan. This is an important step, and the Feldman Law Center encourages you to learn about the industry, read through this Website and gather as much information as you can. However, time is of the essence. Lenders are scrambling to cover their current losses and we are helping thousands of families in California renegotiate the terms of their loans. U.S. foreclosures are up 24% in the first three months of 2009, and the time is right to get lenders to offer favorable rates.
Contact the Feldman Law Center today for your initial consultation. We can help you avoid foreclosure with your California home loan modification and keep you in the home you’ve worked so hard to buy. |
