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Loan Restructuring
 99% of all 'A' type lenders and 70% of sub-prime
lenders (with high interest rates) will negotiate a loan
modification where your delinquent payments and foreclosure
fees are added onto the back of the loan. Your loan payments
will remain approximately where they were BEFORE the payment
rate & payment adjusted up. In many cases the
interest rate will be reduced temporarily (2-5 years),
allowing you a lower payment in order to catch up the arrearages
and maintain your payments in a timely manner.
There
are literally thousands of variations as to the types of
loan restructuring. As each lender is different, and the
industry changes every single day, it is best that you
speak with one of our counselors in order to determine
which is best for your specific situation. |
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House Payment Rescue 5458 Longley Lane Suite A,
Reno, NV 89511
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Office Phone: 775-824-9002 Cell Phone: Fax: 775-824-9015 |
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Copyright ©
2007 House Payment Rescue |
All rate, payment, and area information are estimates and approximations
only. |
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