Having trouble affording your mortgage payments due to financial hardship? Learn what a mortgage loan modification is, if you qualify based on your circumstances, and steps for applying to get ...

How much lower your mortgage payments could go depends on what you qualify for. Not everyone will get the green light on the same term and rate. “It’s also good to note that varies widely ...

Debt modifications involving real estate in a distressed market can offer tax relief. They can also incur unforeseen payments.

If you're among the millions of homeowners struggling to keep your house, Andrea Coombes offers advice from homeowners who've already gone through the sometimes grueling government-assistance ...

That said, most mortgage experts caution against this refinancing strategy unless borrowers can find a new mortgage that will reduce their interest rate by at least 1%. Apply for loan modification ...

CRED iQ’s data shows that loan modifications climbed from $21.1 billion in March 2024 to $39.3 billion in March 2025. That was a jump of $18.2 billion, or 86.3%.

I applied for a modification of my home loan due to the uncertainty of my job. It’s a regular 30-year mortgage with a rate of 5.25%. I owe $370,000 on it. I found out last year, after talking to ...

The VA has abruptly ended the only low-interest, affordable loan modification option for thousands of vets who are behind on their mortgages. We want to hear your story.

Without a backup plan, the only option for VA borrowers is to take out a loan modification, which could mean increased payments June 20, 2025, 4:11pm by Sarah Wolak News > Mortgage ...