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Mortgage loan modification

Forensic Loan Audit : How does it help the homeowners

If you have taken a home loan between 2002 and 2008, there is every possibility that your creditors have saddled you with a high-interest loan that you may be finding difficult to repay. This is because, during this period most creditors had issued high-interest loans, refinanced loans, and adjustable rate mortgages. Do you suspect that …

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Mortgage loan modification requirements : How to Qualify and Apply

If you cannot afford your monthly mortgage payments, due to your current financial hardship, you need to modify the home loan to prevent foreclosure. Although you can take recourse to Chapter 13 bankruptcy, loan modification is a better alternative. However, you will need to fully understand how the loan modification works to avoid the pitfalls. …

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