Now we are in heart of the financial crisis, mainly stressed by late mortgage payments. Homeowners were facing the highest rates of foreclosure and houses were seeing an average of twenty percent decrease in value. If this financial situation continues homeowners become unable to settle the outstanding debts on their owing mortgage. Istopforeclosure4u.com provides loan modification is an option to foreclosure that can assist the home owner in maintaining ownership of their living place. This is the process of negotiating with the mortgage lender to decrease the amount of the loan in two ways, one of the ways is lowering the interest rate and another way is by increasing the term of the loan. Make a toll free call to 800-946-0350 for to get more about loan modification.
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13 years ago
