Quick & Easy Tip #1 - Loan Modification - Introduction

For struggling homeowners who are behind on their mortgage, or are having trouble making mortgage payments, there is a program that can prevent foreclosure and make a fresh start: Loan Modification. A Loan Modification is a permanent change in one or more of the terms of a mortgagor's loan, which allows the loan to be reinstated, and results in a payment the mortgagor can afford. To learn more about loan modification, visit http://www.bsdcorp.org/programs/home-ownership-education/foreclosure-prevention
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