Loan Modification vs Refinance? .. If Refinance is even an option. You may be thinking of refinancing your mortgage loan if you’re having trouble making your mortgage payments, you’re behind on your monthly mortgage payments and/or you’ve received a Notice of Default or Foreclosure letter and are considering filing for Bankruptcy. You can always check with your current lender and inquire about your Loan Modification options to see if that is a solution that works for your situation. It may not and if it doesn’t, that’s where Default Financial may be able to help!

• A Loan Modification is a change to the original terms of your mortgage loan. A loan modification does not pay off your current mortgage. It changes the conditions of your current loan with new terms.
• If you’re having trouble making your monthly payments, your lender may modify your loan and extend your term such as adding an additional 20 years to your 30 year mortgage term. If you have equity, Default Financial may be able to offer you a better solution. We work with residential and commercial properties.
• Don’t waste your time. Lenders have no obligation to accept your request for a modification or negotiate your principal. Many times they slow walk you and waste your time while pursuing a Notice of Default/Foreclosure while you’re submitting your paperwork and wondering why the process is taking so long.
• Call us today or fill out our form and we’ll get back to you with your options: Don’t Lose Your Equity!
• You have Options if you have property .. Residential or Commercial and have Equity.
• Don’t Go Into Foreclosure/Notice of Default. Keep Your Equity! Get A Fresh Start. Call us today!