How do I request a mortgage modification?

Homeowners may request a mortgage modification by sending a letter to their lender detailing their financial hardships and requesting a negotiated payment schedule. They may be asked to submit financial information documenting their financial situation and showing their ability to pay a modified amount.

Foreclosure actions often cost lenders significant amounts of money, so it may be more desirable for them to negotiate with you rather than take your home away. By consulting an experienced mortgage modification attorney, you may be able to get the help you need to make your monthly payments easier. For help with your mortgage modification claim, contact the Maryland mortgage modification attorneys of Chaifetz & Coyle, P.C. at 443-546-4608.

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