Loan Modification

House on someones back

A house can be quite a burden

Loan modification is a process where the terms of a mortgage are modified outside the original terms of the contract agreed to by the lender and borrower (i.e mortgagor and mortgagee). In general, any loan can be modified. While that may be the standard definition of what a loan mod really is, it is rare for us to see a client for whom a loan modification has truly been successful.

Loan Mod Acceleration Program

One service we offer, free of charge, is a loan mod acceleration program. First thing we do is run your numbers (terms or your loan, income etc.) through our “Net Present Value Calculator” (NPV), this is a tool very similar to what banks use internally when deciding if the bank will make more money approving your loan mod or will make more money foreclosing on your property. Once we have run you through the NPV and it still looks like a good fit for you, we will help look over the loan mod package and make sure you are submitting everything you need in order for the best chance of you getting your loan mod approved.

If you have more questions that you need answered don’t hesitate to give me a call today, 916.585.3636, or you can always email me