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Loan Modification Agreement (Click Here)

Loan Modification: Pay Option ARM (Negative Amortization Loan) was modified to a 5.25% fixed rate. (Rate fixed for the life of the loan.) The payments were converted to 5.25% I/O for 2 years and then 5.25% principal and interest for the remaining life of the loan. This homeowner was current on payments but was really starting to understand the poor position she had put herself in by accepting the terms of a negative amortization loan. The background interest rate was adjusting monthly and was over 8% at the time of the modification. Each month her loan balance was growing as she made the minimum monthly payment; she couldn’t afford the interest only payment at a rate of over 8% ! Because we were able to negotiate her terms to an affordable fixed rate she averted the disaster of her loan balance reaching the re-cast amount. If you have this type of loan & have questions about the “re-cast” value & how it affects you please email us at info@improvemyloan.com

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If a loan modification service or attorney cannot provide specific proof of their successful cases then you should not retain their services. We are proud of our track record of success & we want our clients to feel confident in choosing us to represent them. The workout descriptions and lender paperwork associated with each workout listed above are solely owned by Improve My Loan, Inc. and may not be duplicated, published or distributed without the expressed written consent of Improve My Loan. The results listed are not a guarantee, warranty or prediction of result, every case is different and results can vary.