Walter Manning Law Office - Loan Modification

Help For Rhode Island, Connecticut, New York and Massachusetts Homeowners

Loan Modification

What is it? A Loan Modification is a process whereby a home owner's mortgage is modified and both the lender and homeowner are bound by the new terms of the mortgage modification agreement . The most common mortgage loan modifications are listed below:

lowering the mortgage interest rate

reducing the mortgage principal balance

fixing adjustable interest rates within the mortgage

increasing the loan term throughout the mortgage

forgiveness of payment defaults and fees

or any combination of the above

How Can We Help:

Simply put, we have already helped many Rhode Island, Connecticut and Massachusetts Homeowners. We tell all our clients that they can do a Loan Modification on their own for free. Few people want to take this route, Why? .....well here are a few reasons:

Most people just don't know where to begin or how the process works. We do! We already deal with all lenders loss mitigation departments. We know the process, what the lender needs, there programs and as a Law Firm we are able to negotiate the best possible modification for you.

Most people don't have the time to spend 30 plus minutes on the phone every day (some of us have jobs, right?) just to get disconnected or transferred to another department or even told by the wrong person they don't qualify which in fact they do. Well you should see our phone bill, our negotiators spend countless hours on the phone ensuring your success in obtaining a loan modification.

People facing foreclosure think it's over and nothing can be done to save their home. Depending on your situation, most foreclosures can be stopped while your loan modification is processed. We have already helped many homeowners get out of foreclosure and save their home. We know what to do and how to do it.

Can you provide the lender with a Cost Benefit Analysis or a Net Present Value? Our sophisticated software allows us to provide these and many other forms of factual documentation to why a loan modification is in the investors best interest.

Most people who attempt a loan modification and are denied just stop and assume, THAT'S IT! A denial of a loan modification does not mean it's over. Using our law office you have many avenues to pursue. We do not take NO for an answer and we know the secrets in reversing a denial. Other avenues to continue pursuing a modification are Title Assignment Searches (not to be confused with a Title Search) QWR's and Forensic Loan Audits. Bottom Line, by representation from our Law Firm you have the tools needed to help save your home.

Does everyone qualify for a Loan Modification? The answer is simply NO. In order for us to help you, we must qualify you before hand. We know what works and what doesn't. Our policy is not to waste people's time or provide false information. If you qualify, you can rest assured that we are confident in getting you a Loan Modification.

Take a Minute and Watch our TV Commercial

Some Actual Modifications Completed by Our Team

Susan...N. Providence
Before: $2214.00 a month mortgage. After: $1450.00 a month. Savings of $764 a month.

Bill...Woonsocket
Before: 8.25% Principal & Interest. After: 3% for two years and then fixed at 4.75%.

S.M...Coventry
Before: 6.50% Principal & Interest. After: 4.75%.

Donald...Pawtucket
Before: 8.50% Adjustable Rate. After: Fixed P&I, 5.25%.

Steve & Lisa...N. Providence
Before: In Foreclosure, 5 months late on their mortgage. After: Taken out of foreclosure, savings of $1200 per month and all late fees added to the back of the mortgage.

We can go on and on but you get the picture. Now is the time for you to call or stop in so we can discuss your situation!

Or if you prefer, fill out our Pre-Qualifying Form NOW.