Loan Modifications

Getting a loan modification can be a frustrating process.  We can help you provide the necessary and appropriate documents to your mortgage company in a timely manner and hold them to their obligations to you under the law.

Did you know that if you file bankruptcy and are discharged from your personal responsibility for the note on your home you can still receive a loan modification without having to reaffirm the note?  The bankruptcy process in Rhode Island facilitates the loan modification process by providing an effective Loss Mitigation Program.  It’s not necessary to file bankruptcy in order to receive a loan modification, but in the appropriate circumstances bankruptcy can simply the process and optimize your financial well-being.

In addition, five national banks have agreed in a lawsuit settlement to provide principle reductions in their loan modification programs.  The five banks are listed below.  If your mortgage is held by one of the below banks, contact us as soon as possible to learn about your enhanced loan modification options.

  • Bank of America: 1-877-488-7814
  • Citibank: 1-866-272-4749
  • Chase: 1-866-372-6901
  • GMAC/Ally Bank: 1-800-766-4622
  • Wells Fargo: 1-800-288-3212