Mentor Loan Modifications

Lower Mortgage Payments...Guaranteed

Loan Modification

Loan Modification is one of the most effective tools you can use to save your home from foreclosure. If you are behind or about to fall behind on your mortgage payments, the following are some examples of terms that may be altered through a loan modification:

  • Modify the loan period (amortization) from 30 years to 40 years
  • Reduce the interest rate
  • Defer or forgive any missed payments
  • Reduce the principal amount of the  loan
  • Convert from an adjustable rate mortgage to a fixed rate mortgage

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