Loan Modification

As foreclosures are epidemic, the government has asked all banks, holding mortgage loans, to help in this matter by being willing to modify existing loans. An Orange County bankruptcy lawyer can make getting a loan modification easy and painless. Many good people, these days, find themselves strapped for cash and in debt. A loan modification can help enormously.

A loan modification is when the terms of your existing mortgage are changed by the bank or other lender. This loan modification is usually in the form of a lower monthly payment, or reduced interest rate that results in a lower payment. By having a lower monthly payment on their house, many people can then afford to pay their other bills and avoid bankruptcy.

Do you qualify for a loan modification?

If you are struggling to make the payments on your mortgage, you may qualify for a loan modification. Those who have the best shot at getting a loan modification are those people who currently have a high interest rate and an adjustable rate mortgage. Talk to us today about getting a loan modification. We will give you a free consultation and answer all your questions and are skilled in engaging in negotiations with lenders.

At 1st California Law we are committed to getting our clients the financial relief that they desperately need. We can make getting a loan modification simple and easy. We will be there to make sure that the terms of the new agreement will be what work best for you. We can answer all of your questions we will advise you in making the best decisions.

A bank doesn't necessarily have your best interests at heart so it doesn't make sense to leave it all up to the bank - they just want to recover as much as they can, and your interests must be protected. Get someone who cares about you on your side.

Speak with a Santa Ana bankruptcy attorney from our firm today!