Loan modification is no doubt one of the most promising ways to save one's home and steer clear of foreclosure.

Mortgage modification is a process wherein you talk your lender into lowering your monthly payments, either by reducing the interest or switching to a more stable payment plan. Most companies offer mortgage modification through their Loss Mitigation department. As the economy puts more people in default, many lenders have also launched mortgage modification programs to assist homeowners in financial crisis or those with sub-prime loans that have recently reverted to regular rates.

The Loan Modification Department of The Law offices Christian Dillon provides house Loan Modification, mortgage modification and short sale services to avoid foreclosure. We help you to stop the foreclosure by getting mortgage payments lowered through negotiation, reduce principle balances, re-structure mortgages so that you can avoid bankruptcy.

Loan Modification & Foreclosure prevention Information Blog

Loan modification helps you legally change the terms of your mortgage so that you can pay it off better. But you can't expect lenders to make it easy. - Loan Modification Home

Predatory lending is a practice wherein a lender forced you into abusive or unfair lending terms. This can be in the form of high interest rates, unreasonable penalties, and hidden fees that aren't part of the mortgage contract.

A guide for what to write in a Loan Modification Hardship Letter to explain to your creditor why you have become delinquent on your Mortgage.

Predatory Lending is a practice wherein a lender forces you into abusive or unfair lending terms. This can be in the form of high interest rates, unreasonable penalties, and hidden fees that aren't part of the mortgage contract. Often, the contract is written out so that it's all but impossible for the borrower to get out of it, even when it puts them under financial stress. In fact, studies show that most of today's foreclosures and defaults can be traced to some form of predatory lending.