Arizona Loan Modifications: 7 Things You Want To Know

Loan Modification SecretsThinking about getting a loan modification done here in Arizona? You are not alone. Many homeowners here in Arizona have found that their property values have plummeted in the last few years and now find themselves in a situation where they owe more on their home than it is worth and may (or may not) be having trouble making the payments.

Many people who are in this situation hear in the media how it is possible to get a loan modification done and how getting a loan modification is the solution to the problem of owing more than their home is worth or making their home more affordable. Combine what the media is saying with the various government programs that are “available” to help homeowners and it ends up leaving many homeowners confused and looking for answers.

Recently, I sat down and shared 7 secrets to loan modification that every homeowner who is considering a loan modification should know. These 7 secrets are things that are “real information” that many experts know but won’t tell many homeowners for one reason or another.

I am sharing these 7 secrets for free – and yes, I am also available to answer any questions that you may have about the process of getting a loan modification done or what to expect.

Arizona Loan Modification: 7 Things To Know

  • Who really “owns” your loan? It may not be who you think
  • Your permanent loan modification isn’t permanent?
  • A forbearance is not the same as a principal reduction
  • Once you are underwater in your mortgage, it is virtually impossible to no longer be underwater
  • Are loan modification payments current payments?
  • Does a loan modification save your home?
  • How long before you can become a homeowner again?

If you are a homeowner in Arizona and find yourself weighing your options when it comes to loan modification, knowing these 7 secrets to loan modification can help save you time, money and grief.

There is simply too much mis-information in the media about what the realities of loan modification are, and knowing these 7 secrets can help you make an informed decision as to what the best options are for your situation.


Get started learning more about the 7 secrets by simply entering your information below.  This information is completely free and there is no obligation in any way.




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About Kevin Hardin

Kevin W. Hardin is the Director of the Mortgage Mediation Group at the law firm of Arboleda Brechner. Mr. Hardin is a 24 year veteran of the Mortgage and Real Estate industries. Mr. Hardin holds the CMB (Certified Mortgage Banker), CMC (Certified Mortgage Consultant, and CMPS (Certified Mortgage Planning Specialist) designations. Mr. Hardin is a JD Candidate at Concord School of Law and associate with the firm. Mr. Hardin works to assist underwater homeowners that are facing issues related to their mortgage and desire to understand their legal rights and obligations.

Comments

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