We know that going through a mortgage hardship is one of the most stressful situations a homeowner can go through. Receiving hundreds of calls a day, being placed on a lis pendens list, and multiple calls from your lender asking if you’d like to apply for a loan modification. But is a loan modification the best alternative for you in your current position? With a loan modification you will lower your monthly premiums and stop the phone calls demanding that you catch up on your payments. It sounds like an amazing program, but this is when we, here at SIMS ask our clients to look at their situation logically, not emotionally.
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Recent Posts1. Is a Loan Modification the Right Option for You?
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