Loan Modification Law Firm
Common Loan Modification Questions
Do I qualify for a loan modification?
How should I prepare for a loan modification?
Why should I work with your Law Offices?
What is loan modification?
A modification to an existing loan made by a lender in response to a borrower's long-term inability to repay the loan. Loan modifications typically involve a reduction in the interest rate on the loan, an extension of the length of the term of the loan, a different type of loan or any combination of the three. A lender might be open to modifying a loan because the cost of doing so is less than the cost of default.
Can I save my home?
Loan modifications have been known to put a stop to foreclosure actions, although this does not always happen 100% of the time. Obtaining a loan modification from your lender can be quite difficult, especially in situations where the lender feels they will lose money if the home loan is modified. If a lender thinks they will profit more from foreclosure, they will more often than not, deny a loan modification. Our firm will help you take the legal actions necessary to seek a loan modification, and hopefully with our help you can avoid foreclosure and keep your home.
Do I qualify for a loan modification?
Not all people are eligible to pursue loan modification, and the eligibility requirements are ever-changing. The United States Treasury Department recently released a report listing the specific qualifications for loan modifications. Our law firm will carefully examine your circumstances to determine whether or not you qualify for loan modification.
How should I prepare for a loan modification?
The most difficult part of preparing for loan modification is gathering pertinent paperwork. At The Law Offices of Jake Miller LLC, we will help you prepare for this legal process and will give you a clear idea of what we need from you to successfully pursue loan modification. Once you have gathered the proper paperwork, we will examine it and file the appropriate forms to get your loan modification moving.
Click here for a list of the needed documents
Why should I work with your Law Offices?
At the Law Offices of Jake Miller LLC, we are experienced in real estate law. Unlike for profit companies that offer consumer services, we are a law firm dedicated to protecting your rights, solving your credit and debt related issues and providing you the legal representation that you need. Our experience is that lenders will give us the best possible resolutions to your needs because they know we will vigorously protect your legal rights. Lenders have attorneys and so should you.
Lenders are always more willing to re-negotiate the terms of a mortgage when an attorney is handling the process.
Our Fee:
The fee for Loan Modifications is dependent upon the number of mortgages on each property. It is always split up into affordable monthly payments.
Contact a Lawyer at the Law Offices of Jake Miller, LLC
Please contact the firm online or call 305-758-2020 for a free, no obligation consultation about your questions concerning Bankruptcy, Foreclosure, or Debt Consolidation.
