Mortgage Modification

When your home loan payment is unaffordable, a mortgage modification may reduce your monthly payment to a manageable amount, allowing you to stay in your home.

The benefits of a loan modification include:

Saving your home
Lowering your monthly mortgage payments
Lowering your mortgage interest rate
Fixing your adjustable rate mortgage
Reducing your loan balance
Waiving accrued interest
Granting payment extensions
Reamortizing your loan to include past due payments
Eliminating late fees
Making mortgage payments affordable

The bank must approve your loan modification, and the approval process can be difficult. One of our experienced Loss Mitigation Specialist, however, can put you in the best position to get your modification approved.

Good Neighbor Solution can guide you through the process in a caring and professional manner. While no one can guarantee that you will get a loan modification, we promise to use our experience and knowledge to work with your lender to help you obtain a loan arrangement that benefits you and your family.

We'll help prepare your application in the format the bank requests to ensure a speedy process. We will review your finances, work through the numbers and present your application in its most favorable fashion. We will then use our experience to negotiate with your lender. We are qualified to assist families and individuals throughout New Jersey with mortgage modifications.