Will I be Approved for a Mortgage Modification?

If you are considering applying for a mortgage modification, you may wonder if your application will be approved. The only way to know if your application will be approved is to apply for one. There is no way to guarantee …Read More

Mortgage Modification Application Process

If you are having difficulty making your mortgage payments, you want to apply for a mortgage modification. However, applying for a mortgage modification by yourself can be frustrating and difficult. The mortgage modification application process can also take up a …Read More

How does a Loan Modification Work?

If you are looking into whether a mortgage or loan modification is right for you, you may be wondering how they work. If you are approved for one, a loan modification could possibly lower your mortgage payment. At the very …Read More

Best Mortgage Modification Lawyer

If you are struggling with your mortgage payment, speaking to a lawyer could help.  You don’t need to wait until your home is in foreclosure.  You may be able to modify or change your mortgage or home loan.  Your loan …Read More

Contacting My Mortgage Company

Once you realize that you are having difficulty making your mortgage payment, you should reach out for help as soon as possible, possibly by contacting your mortgage company. This will help to minimize whatever interest or fees may accrue because …Read More

Mortgage Default

You probably know that if you miss a mortgage payment, your mortgage will enter into default. If your mortgage is in default, then this can lead to foreclosure. But what does mortgage default mean, and how will it affect you? …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

How Can I Lower my Mortgage Payment?

At one point or another, and for whatever reason, you may realize that your mortgage payment is simply too high. You no longer can comfortably afford it. If too many payments are missed, your home can go into foreclosure, or …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