When you're unable to keep up on mortgage payments, a home loan modification might be a good option for you. Loan modifications allow you to alter the terms of your loan so that it's easier to make payments, which is beneficial to people facing financial hardships....
Is home loan modification right for you?
Are you behind on your mortgage and struggling to keep up with payments? Home loan modification could provide a solution by extending your loan term, lowering the interest rate and/or forgiving late fees and penalties. If you cannot afford a mortgage and are unable to...
How can I avoid mortgage relief scams?
If you’re struggling to pay your mortgage in Maryland, you may be considering a home loan modification. While this process can lower your payments and allow you to keep your home, you must also be aware of potential scams that will deprive you of your money. The...
Deciding if a home loan modification is right for you
You worked hard to save enough for a down payment on your Maryland home. However, life happens. Circumstances change, from losing your job to medical issues and more. If you are falling behind on the mortgage payments that used to be affordable, you may wonder if...
An overview of home loan modifications
For several years now people in Maryland and around the country have heard that the nation's economy is strong, showing great growth and rebound after the recession. That does not mean, however, that everyone in the country is living without financial concerns. In...