Aug 22, 2025 · Is a loan modification right for me? A loan modification is a long-term mortgage relief option for borrowers experiencing financial hardship, such as loss of income due to illness. A...

Before moving forward with a loan modification, it’s important to understand the potential credit implications, the process of the modification itself, and what to expect during the qualification process.

Sep 26, 2025 · Learn what a mortgage modification is and how it works, including the types of loan modifications, requirements and how to get a loan modification.

Nov 28, 2025 · Discover how loan modification can help you avoid foreclosure, understand government programs available, and learn the steps to apply effectively.

Oct 18, 2025 · Read about how homeowners who fall behind on mortgage payments can pursue a loan modification from a lender and what eligibility requirements must be met.

May 23, 2025 · We’ll cover the pros and cons of mortgage modifications and highlight other options for managing mortgage payments when you’re struggling financially. How does mortgage loan …

Dec 18, 2025 · Learn how a loan modification works, review eligibility requirements, and discover the essential do's and don'ts to help you get approved and avoid foreclosure.

If you’re in this position, here’s what to know about getting a mortgage loan modification.

To determine the borrower's new modified mortgage loan terms, the servicer must apply the following steps in the order described below (unless prohibited by law) until the earlier of achieving the 20% …

Combination Loan Modification and Partial Claim: This option combines a Loan Modification and a Partial Claim to resolve past due mortgage payments by utilizing the two options together and may …