Loan modifications have been popping up in record numbers since the subprime mortgage industry has caused a nationwide shakeup of the mortgage industry. A loan mod changes the existing mortgage’s terms without the need for a complete refinance. It is considered the best way for borrowers to work with an existing loan to avoid foreclosure and remain in their home.

In return, the lender agrees to not blemish the credit profile of the homeowner and in addition agrees to accept the declarations of the borrower with respect to his ability to make future mortgage payments in good faith. Homeowners who have undergone this process will do well to remember that this is a one time chance and it is crucial to remember that this may very well be the final chance to save homeownership for this consumer.

If you have a question you can use the form below to contact us. If you prefer you can reach us by phone at 305-225-1548.

Name:
Address:
City/State/Zip
Preferred Contact Phone
Email
Number of people in your household:
Year Home purchased:
Mortgage Company name:
Current monthly payment:
Do You want to keep your home?	yes no
Has there been a hardship?	yes no
Has the hardship been resolved?	yes no
When did you close on the Mortgage? (mm/yy)
How many payments are you behind?
How many payments have you saved?
Are you late on property taxes?	yes no
Have you filed for Bankruptcy protection?	yes no
Do you have an adjustable rate mortgage?	yes no
If no, what is your fixed rate?
What is your current balance?
Has the rate gone up yet?	yes no
If no, when is it set to go up? (mm/yy)
if no, what is your current rate?
if yes, when did it go up? (mm/yy)
What was your prior monthly payment?
What was your prior Rate?
What is the new monthly payment?
What is your new Rate?
Can you afford the new payment?	yes no
Do you have a second mortgage?	yes no
if yes, are you late on the Second Mortgage?	yes no
if yes, what is the current balance?
if yes, what is the current rate?
How many payments are you behind?
How many payments have you saved?
Are you late on property taxes?	yes no
For the 12 months prior to the increase did you make any payments late?	yes no
If yes, how many?
Did you miss any payments?	yes no