{"id":70,"date":"2018-11-02T10:56:51","date_gmt":"2018-11-02T10:56:51","guid":{"rendered":"http:\/\/mortgagemodificationri.com\/blog\/?p=70"},"modified":"2019-02-05T03:15:52","modified_gmt":"2019-02-05T03:15:52","slug":"mortgage-modification-after-retirement","status":"publish","type":"post","link":"http:\/\/mortgagemodificationri.com\/blog\/2018\/11\/02\/mortgage-modification-after-retirement\/","title":{"rendered":"Mortgage Modification after Retirement"},"content":{"rendered":"

Retirement can be a stressful time in a person\u2019s life. A person may have worked for many years to provide for the person\u2019s family and save for retirement. However, adjusting to a fixed income can be difficult for many, and many retired<\/a> homeowners are finding that the savings acquired over a lifetime are simply not enough. The cost of living can increase, and new costs such as medical bills can pop up, further straining the situation. A homeowner who has planned on staying in the house throughout retirement may realize that the payment is simply too high.<\/p>\n

One option that may offer some relief to retired homeowners is applying for a mortgage modification<\/a>.This is a great option for retired homeowners who do not wish to leave the house and go through the hassle of moving and finding somewhere else to live. A mortgage modification can reduce the monthly payment to a more comfortable amount, and the homeowner doesn\u2019t have to move, sell the home, or borrow against the equity<\/a> of the home.<\/p>\n\n\n

The Mortgage Modification Center<\/h2>\n\n\n\n

\nIf you are retired and are having difficulty making your mortgage payment, do not hesitate to reach out to the Mortgage Modification Center<\/a> at (401) 467-7998. Attorney John S. Simonian<\/a> offers a free initial consultation and has helped numerous clients stay in their homes.\n\n<\/p>\n","protected":false},"excerpt":{"rendered":"

Retirement can be a stressful time in a person\u2019s life. A person may have worked for many years to provide for the person\u2019s family and save for retirement. However, adjusting to a fixed income can be difficult for many, and …Read More<\/a><\/p>\n","protected":false},"author":1,"featured_media":258,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[60,3],"tags":[12,20,5,28,4,24,34],"class_list":["post-70","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-loan-modification","category-mortgage-modification","tag-home-loan","tag-home-ownership","tag-loan-modification","tag-mortgage","tag-mortgage-modification","tag-mortgage-modification-center","tag-retirement"],"yoast_head":"\nMortgage Modification after Retirement • Mortgage Modification Center • RI<\/title>\n<meta name=\"description\" content=\"Retirement changes a lot about a homeowner's financial situation. 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