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4 selected videos

Quick & Easy Tip #1 - Loan Modification - Introduction

For struggling homeowners who are behind on their mortgage, or are having trouble making mortgage payments, there is a program that can prevent foreclosure and make a fresh start: Loan Modification. A Loan Modification is a permanent change in one or more of the terms of a mortgagor's loan, which allows the loan to be reinstated, and results in a payment the mortgagor can afford. To learn more about loan modification, visit...

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Quick & Easy Tip #2 - Loan Modification - Avoiding Scams

Loan Modification: Beware of Loan Modification Scam

Artists. If you're having trouble making mortgage payments or you've already missed payments, you're probably worried that it's too late to save your home. The good news is that there are legitimate loan modification programs that can help save your home from foreclosure. The bad news is that some scam artists seem to offer legitimate programs, but are actually trying to cheat you out of your home and your money.

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Quick & Easy Tip #4 - Loan Modification - Should I Refi or Modify?

Homeowners Michael and Tracy Kennedy write in to ask about the difference between refinancing and modifying a mortgage. To learn more about loan modification and refinancing vs. modifying, visit http://www.bsdcorp.org/programs/home-ownership-education/foreclosure-prevention/loan-modification

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Quick & Easy Tip #3 - Loan Modification - What is a housing counselor?

A homeowner in Brooklyn writes in because she is overwhelmed by the loan modification process. Where can she get help? To learn more about loan modification, visit http://www.bsdcorp.org/programs/home-ownership-education/foreclosure-prevention/loan-modification

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