Get the Fresh Start You Deserve
Save My Loan offers a wide range of home relief services like foreclosure defense, mortgage loan restructuring, bankruptcy relief, and more. We are up to date on all Covid-19 pandemic mortgage hardship options that have impacted homeowners all across America.
Loan Modification
Described as a modification to an existing loan made by a lender in response to a borrower's long-term inability to repay the loan, loan modifications may involve a reduction in the interest rate, an extension of the length of the term of the loan, a different type of loan or any combination of the three. A lender might be open to modifying a loan because the cost of doing so is less than the cost of default.
Foreclosure Defense
A 50-state licensed paralegal may take the necessary steps allowing you more time for refinancing or modifying your mortgage. This may involve defending the foreclosure lawsuit, leading to a mortgage loan modification, bankruptcy relief, or other legal options. Save My Loan will help you with refinancing and mortgage modification.
Bankruptcy Relief
Bankruptcy is another option many homeowners consider when facing a home foreclosure. In fact, a Chapter 13 bankruptcy case can help save a house in foreclosure. The filing may stop the sale and give you a way to catch up on the past-due payments, all while helping you manage your other debts, as well.
Mortgage Loan Restructuring Programs
Homeowners behind on their mortgage or experiencing financial hardship may not qualify for a refinance, although some may qualify for a loan modification.