Mortgage Modifications 2019

What Will This Year Bring for Your Mortgage? Now that 2019 is here, many people will be making their New Year’s Resolutions. Further, many resolutions will be related to finances. If you want to stop feeling stress about your mortgage, …Read More

I Received a Foreclosure Notice

What Should I Do? If you recently received a foreclosure notice, you may be wondering what to do. One thing that you should definitely not do is ignore the notice. If you ignore the notice, that will probably reduce the …Read More

Dual Tracking

There are times when mortgage companies work with homeowners to avoid foreclosure . For example, by trying to negotiate a mortgage modification. However, sometimes at the same time that the mortgage companies are working with the homeowners, the company is …Read More

Mortgage Help

Are you feeling overwhelmed by your mortgage payment?  If you are, then you are not alone.  In a recent study that looked at how stressed Americans feel about money, Rhode Island ranked the 13th most stressed state.  Further, there is …Read More

Mortgage Stress

As the saying goes, there’s no place like home for the holidays. However, if you are having difficulty making your mortgage payment, you may feel so much stress about your financial situation that it takes away from your holiday. You …Read More

First Homes and Mortgage Modifications

Purchasing a first home is a dream for many new families. However, homes are expensive, and many young families simply do not have enough money to put a large down payment on a home. This results in monthly mortgage payments …Read More

How to Lower Your Mortgage Payment

With over 400 miles of coastline, Rhode Island, also known as the Ocean State, is a beautiful place to live.  In fact, some reports even name it one of the best states to live in.  Further, some cities and towns …Read More

Mortgage Modification Attorney

If you are thinking about applying for a mortgage modification, you may be wondering if you should hire an attorney. An attorney can represent you and help you with your application. Further, certain attorneys specialize in mortgage modifications, meaning they …Read More

Principal Reduction

Another way that a mortgage may be modified is through a principal reduction. The principal amount is the amount that was borrowed to purchase the home. This is the amount that needs to be paid back. The principal amount does …Read More

What is a Term Extension?

One way that a homeowner may modify the mortgage is by receiving a term extension. Every mortgage is for a set number of years, or a term. Conventional mortgages usually have a term of 30 years, but a mortgage can …Read More