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.
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