When Should I Ask about a Mortgage Modification?

As the saying goes, there is no time like the present! If a homeowner is experiencing a hardship and is having a difficult time making the mortgage payments, has missed mortgage payments, or believes that they will have difficulty making the mortgage payments in the near future, then the homeowner should reach out for more information on mortgage modifications.

Mortgage modifications typically involve a lengthy application process; many documents need to be provided by the homeowner, and it typically takes a significant amount of time. This means that if a homeowner were to put off asking about a mortgage modification, it may be too late, or the modification may not be as helpful as it could have been. The best course of action for homeowners is to not delay and inquire if a mortgage modification may help the situation.

The Mortgage Modification Center

Attorney Simonian has helped hundreds of families navigate through the mortgage modification application process. If you are interested in learning more about how a mortgage modification may benefit your situation, please do not hesitate to reach out to the Mortgage Modification Center at (401) 467-7998 for your free initial consultation.