I have been talking to at least one person a day this week who would like to refinance their house through the FHA Secure Mortgage program, but can't for one reason or another.  These people are s-t-u-c-k in their current loan and usually they think all is lost and that they are going to face foreclosure...

Until I tell them about "Loan Modification".

I don't actually do loan modifications -- it is a process and negotiation between a legal firm and a lender where the legal firm negotiates with your current lender to get you into a better loan.  Often times, the loan that people end up with is a better loan that I could have gotten them if they would have refinanced with the FHA Secure program!

Here are a few signs that you may be a candidate for loan modification:
  • You are currently behind on your mortgage payments
  • You have recently been denied when applying for a refinance of your current loan
  • Your interest rate has adjusted or is going to adjust soon
  • You have a prepay penalty on your current loan
  • When you got your current loan, something "just didn't seem right"
  • You are concerned that you may soon be facing foreclosure or are currently in the foreclosure process
  • You have some sort of hardship that is causing you financial difficulty
These are not the only signs that the loan modification process can help you, but it is a start.  Let me know if I can answer any other questions you have about loan modification or can refer you to some of the best people in the business who can help you with it.