Loan Modification For Dummies^®

The crucial information you need to secure a reliable loan modification and save your home

Behind on your mortgage payments? Worried about losing your home? Don't panic. Loan Modification For Dummies gives you the reliable, authoritative, easy-to-understand guidance you need to apply for and secure a loan modification that lowers your monthly house payment and keeps you in your home.

This practical, plain-English guide leads you step by step through the loan modification process, from contacting your lender to applying for a loan modification, evaluating the lender's initial offer, and negotiating a modification that lowers your monthly payment while helping you catch up on any past-due amounts. You'll learn how to communicate with your bank or loan servicer, recognize and avoid loan-modification scams, and find a knowledgeable loan modification specialist, if you choose not to do it yourself.

• Advice on determining whether you're likely to qualify for your lender's loan modification program
• Guidance on preparing and submitting a loan modification application that improves your chances of success
• Helps you figure out a monthly payment you really can afford
• Tips on modifying your loan even when you owe more than your home's current market value
• Negotiation advice for securing the best possible terms and lowest monthly payment
• Resources for contacting your lender, obtaining free or affordable third-party assistance, and getting government agencies on your side

Read Loan Modification For Dummies and start saving your home today.

Nyckelord: loan modification, losing your home, apply for loan modification, bank-owned mortgage, investor-owned mortgage, mortgage crisis, government assistance, negotiate loan modification, Loan Modification For Dummies, Dummies guide to loan modification, save your home, how to save your home, loan modification guide, loan modification handbook, loan modification made simple, foreclosure, stop foreclosure, fight foreclosure, foreclosure help, save my house, keep my house, Ralph Roberts, federal loan modification, mortgage workout, credit crisis, mortgage meltdown, credit crunch, housing crisis, FLM, FLMLC, distressed homeowner, mortgage modification, loan mod program, countrywide loan modification, fedmod, government modification, hardship letter, financial statement, loan modification program, loan modification service, loan modification help, loan modification agreement, loan modification application, mortgage modification program, mortgage modification service, mortgage modification help, mortgage modification agreement, mortgage modification application, foreclosure options, foreclosure alternatives, principal forbearance, lower house payment, affordable house payment, discharged debt, mortgage forgiveness debt relief act, term extension, short re-fi, forbearance, deed in lieu, recidivism, RESPA violations, debt to income ratio, loan to value, monthly budget, affordability