De Novo Law Firm has worked with various banks to obtain loan modification all over Southern California cities such as Moreno Valley, Yucaipa, Fontana, San Bernardino, Chino, Santa Ana and many more. On this occasion, our attorneys obtained a loan modification with Bank of America.
Client G.N. of Riverside, CA.
Original Loan Terms:
Payment: $1,509.00
Loan Modification Terms:
New Payment: $1,035.61
Percentage Savings: 32%
The loan modification for this client reduced their monthly payment by about $500, which in a year would save them about $6,000. On a monthly basis, the monthly mortgage payment was reduced by approximately 32%. If you are struggling to make your monthly payments and would like to see what options you have contact us today! Call us at (951)801-5570