USDA loans: With a USDA loan, you can modify your mortgage with an extended term of up to 40 years, reduce the interest rate ...

If you’re seeking more affordable mortgage payments, a loan modification or a refinance could both help. Loan modifications are for homeowners experiencing financial hardship who are unable to make ...

A mortgage loan modification can offer an opportunity for borrowers to get their monthly payment on their mortgage reduced to an amount they can afford. A mortgage loan modification may extend the ...

When hard times hit, keeping up with your mortgage payments can be a challenge. Job loss, medical bills and crushing debt problems are just a few situations that can throw you into arrears. The good ...

Loss mitigation is a way for mortgage lenders to help borrowers who are struggling to make their monthly payments avoid losing their homes. You can keep your home with many loss mitigation options, ...

Both the FHA and VA have established new loss mitigation options to provide payment reduction to delinquent borrowers. On February 21, 2024, the Federal Housing Administration (“FHA”) within the U.S.

A Reddit poster fell behind on his mortgage due to a hurricane and deaths in the family. Banks usually don’t want to take your home, so it is very likely they will work with the poster to find a ...

The fear of layoffs has been strong in the past few years—and for federal workers, that fear only continues to grow. After all, an unexpected layoff is sure to cause stress and financial uncertainty ...