Sadly, no;lenders don’t always agree to loan modification requests on Ladera Ranch homes.That’s why if you decide to explore this option, you need to get all the information you can get on the subject.
Lenders call the loan modification process "Loss Mitigation," which is the act of reducing the lender's losses whether they approve a loan modification, short sale, or foreclose on a Ladera Ranch property. Depending on the type of loan and delinquency, the lender’s loss mitigation specialist will provide a wide array of strategies for repaying your loan.
If you’re interested in having my advice on how to avoid foreclosure on your Ladera Ranch, I can help you make the decision on whether a loan modification is the best choice for your situation. And if you decide that a loan modification is what you want, I can provide a copy of my free loan modification guide you can use to negotiate a payment reduction with your lender.
The lender may suggest repayment plans that fit your needs. My loan modification guide explains how to begin the whole process from start to finish. It also explains how to persuade a lender to agree to a loan modification. You are free to request a copy today so you can get your mortgage payment decreased and keep your home as soon as possible!
Thinking about a short sale? I can help you short sale your Ladera Ranch property and get back on your feet. Send me an e-mail at arna@ehome.com. I will contact you for a free consultation.
When we talk, I will explain how the process works in detail and answer any questions you may have. Or, if you prefer, call me at (949) 244-0444.Arna Freedman, a Real Estate Broker at Homes of California, helps buyers and sellers in Ladera Ranch and other Orange County cities.
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Arna Freedman specializes in loan modification assistance and short sales in Ladera Ranch California.
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