Loan Modifications

A Loan Modification re-structures the terms of your mortgage to make your payments more affordable. While it’s certainly promising, a long-term loan modification can be hard to negotiate. That’s where our law firm’s Loan Modification Department comes in.

Our Loan Modification Department employs a competent team of Loss Mitigation Specialists, Mortgage Professionals, Real Estate Brokers, Appraisers, and our lead attorney Joshua Harmon. You can trust us to negotiate aggressively until you get the loan modification you want.

Why Loan Modification?

» Lower your monthly payments
» Lower your interest rate
» Fix your adjustable rate
» Reduce your loan balance
» Waive negatively accrued interest
» Grant extensions on payments
» Re-amortize loan to include past due payments
» SAVE YOUR HOME

 

Why Use a Loan Modification Attorney (Joshua L. Harmon) or Lawyer?

When it comes to loan modifications, lenders are not really willing to help unless you have legal representation. A loan modification attorney can help you get real results. Here’s how:

  1. 1.  They know your needs. A loan modification attorney knows the right way to talk to banks. When we present your loan modification application, we’ll be armed with all the documents and the right negotiation techniques. Good representation constantly monitors the Mortgage News 2009.
  2. 2.  They get the best Loan Modification Settlements. Lenders will take you more seriously when you have a loan modification professional by your side. Because they can use legal information as leverage, loan modification firms can get much better offers than you can get on your own.
  3. 3.  Having the Law Office of Joshua Harmon on your side gives you more options. If needed, in our negotiation we can inform the lender that you are considering other alternatives such as Bankruptcy if you are unable to make your mortgage payments affordable.
  4. 4.  They have established connections. A good loan modification attorney has contacts with all of the major lenders. Combined with a good track record, this helps them obtain attractive offers, such as a lower interest rate or even principal balance reductions.

A loan modification is much like going to court: you can take the risk of attempting to represent yourself, or you can invest in professional representation and get the best loan modification help. Mortgage modification won’t happen overnight; however, with the Law Office of Joshua L. Harmon you can rest knowing you are in good hands. If you are interested in obtaining a loan modification or if you want to see what is required to get started, feel free to review the normal Loan Modification Requirements and our Loan Modification Forms listed below.

 

Required Documents

  • Information about the monthly gross (before tax) income of your household, including recent pay stubs if you receive them or documentation of income you receive from other sources.
  • Your most recent income tax return.
  • Information about your savings and other assets
  • Information about your first mortgage, such as your monthly mortgage statement.
  • Information about any second mortgage or home equity line of credit on the house.
  • Account balances and minimum monthly payments due on all of your credit cards.
  • Account balances and monthly payments on all your other debts such as student loans and car loans.
  • A completed Hardship Affidavit describing any circumstances that caused your income to be reduced or expenses to be increased (job loss, divorce, illness, etc.) if applicable.

Loan Modification Forms