Loan Modification Attorney
Loan Modification Attorney in Arlington & DFW
If you’re considering a loan modification to keep your home, you need and aggressive Arlington & DFW 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 Arlington & DFW loan modification attorneys at the Law Offices of David Kohm if you’re depending upon your mortgage 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 complicated. Your lender may even give you misinformation 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 unlikely that your mortgage company will wave negatively accrued interest either. Our Arlington & DFW loan modification attorneys can help defend your rights and help produce the best possible outcome in your favor.
Loan Modification Defined
Unlike a foreclosure or bankruptcy, a home loan modification is much like a mortgage refinance in that 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 instead of looking for a “new” loan you will just simply “modify” the terms of you existing mortgage with your current lender.
Your loan modification may include:
- Fixed Interest Rate
- Lower Monthly Payment
- Reduced Interest Rate
- Reduced Principle
- Waived Negative Interest
There are several options when it come to loan modifications your lender may not be telling you about. Allow our experienced team to represent your best interest and acquire the best settlement possible in your favor.
Start your loan modification today. Contact us online or call for a free legal consultation from one of our loan modification attorneys at the Law Offices of David S. Kohm.