April 19, 2023

Loan Modification Lawyer in Anaheim, CA

Loan Modification Lawyer

If you're thinking about a loan modification to keep your home, you need an aggressive loan modification attorney. Despite what lenders say, very few do anything to help a struggling homeowner. You can't afford to take any risks. You need the loan modification attorneys at Thomas K. McKnight if you're depending upon your home loan modification.

Don't assume you aren't eligible for loan modification just because you are not currently delinquent on your loan payments or conventional loan payments. The loan modification process is complex. Your lender might even give you false information in order to stall the process. It is generally not to your lender's benefit if they reduce the principle or fix your variable interest rate. It's also not likely that your mortgage company will wave negatively accrued interest either. Our loan modification attorneys can help defend your rights and help produce the best possible results in your support.

Loan Modification Defined

Unlike a foreclosure or bankruptcy, a home loan modification is much like a mortgage refinance in that the purpose is to find you a more affordable mortgage payment for your financial situation. It is also known as a modified refinance. The main difference is that rather than trying to find a "new" loan you will just simply "modify" the terms of your existing mortgage with your current lender.

Your loan modification may include:

  • Fixed Interest Rate
  • Lower Monthly Payment
  • Reduced Interest Rate
  • Lower Principle
  • Waived Negative Interest

There are a number of options when it pertains to loan modifications your lender might not be telling you about. Allow our experienced team to defend your best interest and get the best settlement possible in your favor.

For more information about a Loan Modification Lawyer in Anaheim, California, contact Thomas K. McKnight LLP at (800) 466-7507 or visit our website at TKMLLP.Com for a free consultation! 

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