Georgia Home Loan Modification Plan
Under President Obama's new plan 9 Million mortgage holders will be eligible
for a Loan Modification that can end the
foreclosure process.
Take control of YOUR home loan and send in
your OWN
BANK READY Loan
Modification Package. Review your options below to a get a
LOWER Mortgage Payment!!!
Modify Your Loan with 3 Options
You
have a Adjustable Rate
Have A 7% Interest Rate Or Higher
In
Foreclosure Or Potential Of
Are Behind on Your Loan
You Are In a
Hardship Situation
Have A High Debt to Income Ratio
Feel Your Loan Was
Predatory
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Call 209-586-4769 now!
Known Fact: Mortgage companies usually come back
with a program that highly favors them and makes it difficult for you!
Our Do It Yourself (DIY) SMART online software will help fight for you
with your lender to get you better results with your
loan modification and repayment plans.
Home Loan Modification frequently asked questions
What is a Loan Modification?
A
process that allows homeowners and lenders to change the terms of a
loan in order to help the borrower stop foreclosure.
Loan Modification is NOT a new loan. It is the renegotiation – or loan restructuring – of an existing mortgage note.
For Georgia homeowners behind on their mortgage, or those with a low credit score, a loan modification is often the only option available because they are unable to get approved for a mortgage refinance or a short-refinance.
Many Georgia Home Loan borrowers are facing foreclosure because their interest only or variable rate loan interest terms have sky rocketed beyond what they could have imagined. A loan restructuring is an agreeable way for both the lender and the borrower to avoid the cost and hassle of the foreclosure process.
A
Georgia
Home
loan modification can be done in several
ways or combination of ways listed below:
The loan’s
interest rate may be decreased the interest rate could be changed
from an adjustable to a fixed rate the period of time the borrower
has to pay the loan back can be lengthened the type of loan could be
changed altogether with your
Obama
Georgia Loan Modification
Plan
