Las Vegas Loan Modification
What is a Loan Modification and does it fit the needs of homeowners who cannot afford their mortgage payment and who owe more on their mortgage than the home is valued?
“A Loan Modification is a permanent change in one or more of the terms of a mortgagor’s loan, allows the loan to be reinstated, and results in a payment the mortgagor can afford.”
In the State of Nevada, an Attorney should negotiate on the behalf of a homeowner to get a loan modification approved. There are those that aren’t Attorneys that attempt to help homeowners, which is fine, but it’s against the law for them to charge you any up front fees.
A Las Vegas Homeowner does not have to be late on a payment in order to be approved for a loan modification. However; I have seen some Lenders deny a Loan Modification because the homeowners weren’t late on their mortgage, so it does come down to who your lender is.
We work with several reputable Attorney’s in Las Vegas they we can recommend to you if you are in need of a Loan Modification for your Las Vegas Home Loan. We can be reached at 702.838.7522 or complete our contact form and one of our representatives will contact you for a private consultation.