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Loan Modification Long Island, NY

Need a Home Loan Modification in Long Island?

There Are New Government Programs Designed by Obama To Help Modify a Existing Loan in Long Island

If you are late with your mortgage payments and are risking foreclosure on your house, then you need to take some steps to prevent it. Here at Weissman Law Firm P.L.L.C., we have a group of trained experts that can help you find the right solution for your financial woes. Some of the options include VA Loan Refunding, short sales, deed-in-lieu of foreclosure, repayment plans, partial claim, special forbearance, and also loan modification. Out of all of these options, loan modification is one of the best to use to help you find a plan that will work with your finances.

Long Island Loan Modification

A Trust Long Island Loan Modification Law Firm

Don't be a victim of foreclosure... Trust the Long Island Loan Modification Experts



The best time for Loan Modification is Now!

The time has never been better for consumers (who own homes) to take action and request that their loans be modified towards better terms and a lower interest rate. Moreover, with these new economic realities, a loan modification may be the only way for a homeowner to save their home. A loan modification is an agreement between you and your mortgage company to change the original terms of your mortgage—such as payment amount, length of loan, etc.

See what Government Loan Modification programs your eligible for nationwide

You may be eligible for the government’s Home Affordable Modification Program (HAMP) created to help struggling homeowners. You could get a lower interest rate and lower monthly payment. When your lender agrees to adjust the terms of your mortgage, you’ll have a monthly payment that you can afford. In 2009, President Obama started the Making Home Affordable (MHA) program that enables homeowners facing a hardship to modify their loan and save their home.

Several Types of Loan Modification Programs in Long Island

There are several types of loan modifications; however, the one you qualify for depends on your individual situation. We have years of experience with modifications – call us today to find out the best option that works for you. Recently, a large numbers of homeowners have been trying to complete “loan workouts” or loan modifications with their current mortgage lender to lower the interest rate and improve the terms of their loan. They have learned that negotiating with the bank for a modification of their home loan can be an overwhelming process.

Modifying Loans from Major Lenders such as

  • Countrywide bank
  •  Indy Mac bank
  • Wells Fargo
  • Bank of America
  • WAMU
  • New Century
  • Quicken Loans
  • Aurora
  • Aegis
  • EMC Mortgage
  • CITI Mortgage
  • Chase Bank
  • and more

Your Time Shouldn't Be Wasted on Hold!

These banks are inundated with defaults and foreclosures. People just like you are having to make numerous calls, hours of time, repeated delays, transfers from one department to another, voice mails, faxes back and forth…how can you accomplish all of these things while desperately trying to live a normal life? Trying to take care of your family, trying to make a living, and trying to make ends meet…

 

 

Don't trust just any Loan Modification Company

It is imperative to align your interests with a proven foreclosure prevention company who has experience with loss and mitigation legalities that are critical to your success. If you are one of the many homeowners facing tough choices in today’s economy, we understand. We know that looking for assistance with your mortgage and deciding where to go for help can be confusing and frustrating. And we’re here to help.


Why Weissman For Loan Modification?

Weissman Law Firm are loan professionals, legal experts and a dedicated team that cares and understands you and the financial problems you are facing. We will fight to reduce your monthly mortgage payments, save your home, and provide you and your family with the peace of mind that you deserve. Our foreclosure prevention team will help you modify your loan with interest rate reductions and renegotiated terms that save you money. Our primary mission is to provide our customers with increased cash flow and reduced monthly payments from loan modifications that ensure long term financial savings. Join the hundreds of clients who have received help and relief from our services.

Don’t’ wait! Don’t lose your home!
Call us at 866 874 988

 

New Loan Modification Information in NY


Forbes

Desperate Homeowners Victimized By Mortgage Modification Predators
Forbes
According to prosecutors, the defendants furthered their various scams through the use of: bogus loan modification programs falsely promising Federal stimulus aid to distressed homeowners who were having difficulties meeting their mortgage payments.
Owner of American Home Recovery Found Guilty in Connection with a Mortgage ...7thSpace Interactive (press release)

all 2 news articles »


Blackstone Loan In Favorable Modification, Deutsche Bank Says
Fox Business
NEW YORK – A Blackstone Group LP (BX) property loan has received what "may be one of the more questionable [loan] modifications to date" by getting rosy financing terms at the expense of bondholders, marking a troublesome precedent for distressed ...

and more »


Bank's no Ally for NY homeowners
New York Post
β€œIt will proceed in foreclosures, but for any borrower with a claim against GMAC, they are saying, Sorry, go to NY and file a motion.'” In addition, homeowners negotiating a foreclosure settlement deal or loan modification will likely have to start ...

and more »


Blackstone Loan In Favorable Modification, Deutsche Bank Says
Wall Street Journal
By Al Yoon Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--A Blackstone Group LP (BX) property loan has received what "may be one of the more questionable [loan] modifications to date" by getting rosy financing terms at the expense of bondholders, ...
CORRECT (5/16): Blackstone Loan Favorably Modified - Deutsche BankNASDAQ

all 4 news articles »


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