Loan Lawyers, LLC is licensed to practice law in the state of Florida. If you have a legal matter that you would like to discuss and you are NOT located in Florida, please contact your state’s Bar Association to get the information of a lawyer who can assist you in…
Category: Loan Modifications
Many federally backed mortgage loans are currently under foreclosure moratoriums. This means that many loan servicers are unable to file mortgage foreclosure actions against homeowners who have been unable to make their mortgage payments. For many homeowners already in the foreclosure process, this also means that many homeowners have been…
If you’re having problems paying your mortgage, help is within your reach. Take heart knowing you’re not the only one scrambling to meet debt payments on the home you own – especially during the COVID-19 era. The percentage of homeowners at least one payment delinquent jumped 4 percentage points in…
Loan Lawyers, LLC is licensed to practice law in the state of Florida. If you have a legal matter that you would like to discuss and you are NOT located in Florida, please contact your state’s Bar Association to get the information of a lawyer that can assist you in…
We have been inundated with homeowners contacting us regarding their expiring forbearance plan. Many loan mortgage servicers are requiring homeowners to pay back all of the missed payments during the forbearance period all in one shot or face the consequences, which include foreclosure. Don’t think it cannot happen to you. …
We have had many homeowners in forbearance plans that have contacted our office about what their next steps are. There is not a one-size-fits-all response to these questions. First, for those who got their forbearance plans in writing, the document will most likely dictate what steps you need to take…
If you are a homeowner who is having trouble making your mortgage payments, you have many options available to you. The two that you have likely heard of the most are loan modifications and refinancing. These two terms both indicate that the actual mortgage on the home is changing, so…
Loan Lawyers, LLC is licensed to practice law in the state of Florida. If you have a legal matter that you would like to discuss and you are NOT located in Florida, please contact your state’s Bar Association to get the information of a lawyer who can assist you in…
When homeowners are struggling to make mortgage payments and fear foreclosure, a loan modification is often the answer. A loan modification will restructure the terms of the existing loan, such as the interest rate, length of the loan, and even the monthly payment amount. By modifying a loan, the payments…
