Mod Central
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Mod Central is a local loan modification company specializing in helping people keep their home by restructuring their current mortgage into something more affordable for them.
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- Phone:
Main - 631-360-2205
Fax - 516-316-8335
- Address:
- Category
- Mortgages
General Info
Our expertise is in negotiating permanent loan modifications with all major lenders across the country. We have licensed real estate professionals available to consult you on all the options available to you. We then have an experienced legal team made up of attorneys and paralegals to handle all of the negotiations with your current lender. A loan modification is a permanent change in one or more of the terms of your loan, gives you a fresh start, and results in a payment that you can afford. The sole purpose of a loan modification is to enable the borrower to meet the terms of the new loan for the foreseeable future. Our in-house legal team will analyze your current situation and provide a workable plan that is acceptable to both you and your lender. Convincing a lender to do a loan modification is not easy. You must demonstrate to the lender that it is in the lender's best interest to modify your current loan. To do this, the loan modification package must be professionally presented according to strict guidelines and delivered to the correct personnel at your lender. A few of the possible solutions with a loan modification include: * Call today for a FREE consultation. * Eliminate late payments and penalties * Stop the foreclosure process * Lower your current interest rate * Lower your payments * Modify your adjustable rate to a fixed rate * Reduce the balance of your loan * A lawsuit brought against your lender * Forbearance agreement