Loan Modification Lawyer
If you're considering a loan modification to keep your home, you need a tough loan modification lawyer. Despite what lenders say, very few do anything to help a struggling homeowner. You can't afford to take any risks. You want the loan modification attorneys at Thomas K. McKnight if you're depending upon your mortgage loan modification.
Do not assume you aren't qualified for loan modification just because you are not currently overdue on your loan payments or conventional loan payments. The loan modification process is complex. Your lender may also provide you misinformation to stall the process. It is generally not to your lender's advantage if they lower 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 lawyers can help defend your rights and help generate 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 since the objective is to find you a more affordable mortgage payment for your financial situation. It is also called a modified refinance. The primary difference is that rather than looking for a "new" loan you will just simply "modify" the terms of your existing mortgage with your current lender.
Your loan modification might include:
- Fixed Interest Rate
- Lower Monthly Payment
- Lower Interest Rate
- Lower Principle
- Waived Negative Interest
There are a number of options when it comes to loan modifications your lender might not be telling you about. Allow our skilled team to represent your best interest and acquire the best settlement possible in your favor.
For more information about a Loan Modification Lawyer in Tustin, California, contact Thomas K. McKnight LLP at (800) 466-7507 or visit our website at TKMLLP.Com for a free consultation!