We Buy Houses Blog, REO, Stop Foreclosure Home Loan Modifications Blog

How much more affordable did a loan modification make your mortgage payments and what terms were changed on your loan?

Many years ago when rates were much higher than they are today I did a loan modification to get a lower rate and reduced the term of the loan, twice. The payment didn’t go down much, but the term did.

please i need answers

wow i cant believe these jokers that left you all those answers!! Yes, you can do a loan mod twice in one year but it’s difficult. your husband would have to sign anyways if he is on the mortgage. i would recommend going into your local bank and asking them.

Does anyone know where I can find free home foreclosure information? All the sites like Zillow.com to Foreclosure.com charge you by the week or month for access to the detailed information. Is there a state or government website that these sites are getting their information from?

There is a way to search foreclosure listings direct on Bank, Gov, and Asset Management sites. Most places just have a database of the same listings and charge you for it.
Try FORECLOSURENEST.COM its got a list of these free foreclosure listings direct from the source.
You’ll love it.

I do loss mitigation (loan workouts) for a living and I haven’t run into an issue doing what you ask for dozens of people in your position or worse, shoot me an e-mail with your address, balance you owe and the name of your lender or lenders.
With that info I can tell you if it’s do-able or not before you commit to sending me any "personal" information.
This is not one of those deals where you sign over the property to me or anything like that, do not sign over the rights to your home… EVER!.
I’m located in CA but I can help you out regardless of what state your in.

More parking?