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relationship. Persons accessing this site are encouraged to seek independent counsel for advice regarding their individual legal issues. The hiring of a lawyer is an important decision that
should not be based solely on advertisements. Before you decide, ask us to send you free written information about our qualifications.
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Attorneys and Debt Counselors
3019 West Azeele St. Tampa, FL 33609
Tel. (813) 876-3328
Fax (813) 876-3306
3019 West Azeele St. Tampa, FL 33609
Tel. (813) 876-3328
Fax (813) 876-3306
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STOP FORECLOSURE
FORECLOSURE HELP
MORTGAGE MODIFICATION
WHAT IS A SHORT SALE?
REQUEST ADDITIONAL INFO
FORECLOSURE HELP
MORTGAGE MODIFICATION
WHAT IS A SHORT SALE?
REQUEST ADDITIONAL INFO
Understanding mortgage loan modification as explained by the Attorneys and Debt Counselors of Tampa.
For most people, a mortgage is the largest monthly bill they pay. And if you’re like most people, the same is
probably true for you. If you are having a hard time affording all of your monthly bills it would probably help if you
could somehow lower your monthly mortgage. By lowering your monthly mortgage it may be easier for you to
pay your other obligations.
Fortunately, the Obama administration's housing plan encourages lenders to modify the mortgages of
homeowners who can no longer afford their monthly house payments because of hardship. The definition of
hardship includes lost income, increased expenses and other indications of being at risk of default.
probably true for you. If you are having a hard time affording all of your monthly bills it would probably help if you
could somehow lower your monthly mortgage. By lowering your monthly mortgage it may be easier for you to
pay your other obligations.
Fortunately, the Obama administration's housing plan encourages lenders to modify the mortgages of
homeowners who can no longer afford their monthly house payments because of hardship. The definition of
hardship includes lost income, increased expenses and other indications of being at risk of default.
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There are some qualifications to be eligible
for a loan modification and it’s not an easy
process but if the borrower qualifies, then
the mortgage provider figures out what it will
take to decrease the monthly payments to 31
percent of pre-tax income.
Loan modifications are not always
permanent however and most borrowers
would see their payments rise again after
five years but it could be just what you need
to save you from possible foreclosure.
for a loan modification and it’s not an easy
process but if the borrower qualifies, then
the mortgage provider figures out what it will
take to decrease the monthly payments to 31
percent of pre-tax income.
Loan modifications are not always
permanent however and most borrowers
would see their payments rise again after
five years but it could be just what you need
to save you from possible foreclosure.
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Read the latest news regarding Bankruptcy in Florida and elsewhere...
For articles and recent information regarding bankruptcy in Florida and elsewhere, read our blog. We'll be posting all the latest
information pertaining to bankruptcy, debt negotiation, creditor harassment, foreclosures and more.
For articles and recent information regarding bankruptcy in Florida and elsewhere, read our blog. We'll be posting all the latest
information pertaining to bankruptcy, debt negotiation, creditor harassment, foreclosures and more.
While it may not be a solution for everyone, a loan modification may be just what you need.
Call the knowledgeable lawyers from Attorneys and Debt Counselors today at (813) 876-2238 for a free
consultation to find out if a loan modification is right for you.
Call the knowledgeable lawyers from Attorneys and Debt Counselors today at (813) 876-2238 for a free
consultation to find out if a loan modification is right for you.
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