Lenders are still considering loan modifications, even if the borrower may have equity in the property. While every situtation is different, De Novo Law Firm has had success and experience in obtaining results for our clients with dozens of lenders.
Client: R.P. in Perris, CA
Before Modification: $2,085.42 plus $20k in arrears
After Modification: $1,867 with loan current
Under the modification, the client reduces his monthly payment by $200 and stops the foreclosure process without having to cure the $20,000 arrears owed on the loan.
Call De Novo Law Firm at (951) 801-5570 to learn more about a loan modification in your specific situation.