If you would like to keep your home, loan modification may allow you to save your dignity and your home. Some circumstances are out of our control and they can affect financial obligations. There are some options available to help during these hard times. We have listed a few of the options below.

• Short Sale of your home – this is when you sell your home for less than what you owe the bank.
• Bankruptcy – you decide to file bankruptcy and protect yourself against lenders.
• Pre-foreclosure – you have enough equity to sell your home prior to foreclosure.
• Loan Refinance – you have enough equity to refinance, you are in good standing with your lender and you have good credit.
• Loan Modification – your current loan is negotiated with the lender and a payment along with a fixed interest rate is put in place without the heavy costs and affects of a refinance.
• Repayment Plan – a set payment plan is worked out with the lender where a portion of your back payments are added onto any future payments until back payments are paid in full.