Loan Modification

Do you have an Adjustable Rate Mortgage (ARM)?

Are you unable to make your monthly payments?

Have you experienced hardship that has caused you to become late on your mortgage payments?

Our team of negotiators and attorneys are prepared to guide you through the loan modification process.

Call us today at 1-877-788-2272

If you’ve been struggling with mortgage payments, you are not alone. In today’s economy many are having a hard time making ends meet, and paying a high monthly mortgage doesn’t help.

A Loan modification may help you to renegotiate your monthly payments to the bank and modify your payment structure to make it more affordable. But if you’re considering renegotiating you’ll need a qualified loan modification Attorney to help you through the process.

Negotiation with banks can often be an embarrassing and difficult process. That’s why it helps to have a qualified loan modification attorney alongside you every step of the way. Tauler Law Firm has helped countless homeowners negotiate with banks and get loan modification help they need.

Tauler Law Firm has the experience to negotiate a possible loan restructuring of your mortgage with your lender.

What is a loan modification program?

Mortgage loan modification (home loan modification) is where the lender may lower your mortgage rate, or add any dues to the mortgage balance and extend your loan period. This is to ensure that your monthly payments are reduced. There can also be a reduction in the principal balance you owe. The purpose is to make your payments affordable so that you can save your credit and keep your home.

When is loan modification suitable for you?

Loan modifications (mortgage modifications) are suitable for you when:

• You have experienced a long-term reduction in income.
• Your monthly expenses have increased.
• You don’t have enough income to pay off mortgage dues

Are you eligible for mortgage modifications?

You may be eligible if:

• The lender hasn’t declared a foreclosure yet and even if he has done so, he should have removed the loan from the foreclosure status.
• You’re delinquent on the loan for 3 months or more.
• The loan has been originated for more than 12 months.
• You have stable surplus income to help you pay at the modified rate/terms.
• The property is in good physical condition.

Do you need professional help?

If you cannot negotiate mortgage loan modification on your own, let Elena Tauler, our lead attorney at Tauler Law Firm communicate with your bank on your behalf. Any foreclosure action is stopped while the attorney negotiates with your lender.