Bronx Loan Modification Lawyer
Using Loan Modification to Prevent Foreclosure
If you have fallen behind on your mortgage payments and are facing foreclosure,
a loan modification may be an option to consider. It may allow you to
work with your lender to alter the terms of your mortgage by lowering
your monthly payments, lowering your interest rate, working out a payment
plan for past due payments and more. This can save you tens of thousands
of dollars through the life of your mortgage loan.
When you are considering a loan modification to stop or prevent foreclosure,
it is important to involve an attorney. A Bronx loan modification lawyer
can offer you the legal support and guidance you need to properly approach
your modification in such a manner as to ensure your rights are fully
protected.
Your attorney will know who to talk to. Trying to contact your lender yourself may mean that you are transferred
from one customer service representative to another, with no one being
able to help or even give you a straight answer. Your attorney will know
who to contact and how to approach initiating the loan modification process
with your lender. This can save you much-needed time, allowing you to
start getting results before it's too late.
Your attorney will be able to properly present your case to your lender. A mortgage lender is under no obligation to accept a request for a loan
modification. By properly gathering financial information and proposing
a modification to your mortgage terms, your attorney can present a compelling
case to your lender, offering you a greater chance at being approved.
Loan Modification Attorney in the Bronx, NY
Find out more about how our law firm can help you in the process of seeking
a loan modification in the Bronx area. Your initial consultation is free
and confidential, and we can provide you with the skilled legal counsel
you need through the process while protecting your rights.
Contact a Bronx Loan Modification Attorney
at our firm today.