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Loan Modification Secrets: FAQ 9

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Uploaded by on Jan 10, 2009

http://www.60minuteloanmodification.com - LOAN MODIFICATION: IS IT RIGHT FOR ME? I have a free 60-Minute Loan Modification CD that teaches you how I modified 6 of my own mortgages and now teach others to do the same. Follow the link above.

WHAT EXACTLY IS MODIFIED IN THE LOAN?
Typically one or more of these are renegotiated:
•A lower payment
•A lower rate
•A lower fixed rate
•Forgiveness of late payments
•Reduction in principal balance
Every case is unique, but its NOT uncommon to lower monthly payments by 20-41% and to knock 5 or even 6 figures off your total mortgage expense.
FREE LOAN MODIFICATION FORUM:
http://www.60minuteloanmodification.com/members

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