Sometimes the best loan modifications are scary for our clients. In particular, a loan modification with a balloon payment at the end of the loan is a great result for a borrower who cannot afford to pay a mortgage payment on the full balance of the loan even if the interest rate is reduced. While the lender may be reluctant to reduce the loan balance, although this is also a possible outcome; the lender may be willing to "balloon" out a portion of the balance of the loan without interest.
When seeking a loan modification for our clients, we aggressively pursue the best possible result by efforts to guide the lender to a favorable outcome based on the facts. This requires extra work by phone calls and letter writing, but the results are worth it.