A loan modification is a process in which the lien holder “bank, lender, or investor” changes the terms of your mortgage note so that the payments are more affordable for you. When refinancing is not an option and you are at a point where you can’t afford to make your mortgage payments…Loan Modification makes the most sense so you can keep your home.
If you are behind on your mortgage payments, facing foreclosure, OR you are current but you can no longer continue to pay what you owe… you have options available to you. Chanu Badwal is experienced professional who will negotiate on your behalf to make your mortgage more affordable.
Loan Modification changes can include the following:
Reducing the Interest Rate
Extending the term of Loan
Forgiveness of your Late payment fee
Changing the Adjustable Rate to Fixed
Restructuring your late Past Due Balances
Lowering your Principal Balance.
Reducing the Interest Rate
Combining any of the above.
Who qualify for Loan Modification?
Borrowers who are struggling to stay current on their mortgage payments may be eligible (even if they are not currently behind on payments!) if their income is not sufficient to continue to make their mortgage payments and they are at risk of imminent default. This may be due to several factors, such…
Can’t afford your current mortgage payment?
Behind on mortgage payment?
Can’t refinance due to the balance is higher then property value?
Payments Increasing due to Adjustable loan?
No Job or decrease in Income?
Afraid of loosing your home?
Afraid of Foreclosure?
A Loan Modification will give you a fresh start, bringing your mortgage up to date after capitalizing any delinquent interest, escrow, late fees, and other costs.
We are the home loan modification experts. Chanu Badwal offers loan modification service to help homeowners who may be experiencing difficulty in making monthly payments on their home loan.
Chanu Badwal has been doing hundreds of loan modifications each and every month, working with virtually every bank, mortgage lender and loan servicers nationwide. Acting quickly should be your number one priority, as Chanu Badwal will need to develop a plan, document your current financial situation, and contact your lender to begin negotiations on your behalf.
Chanu Badwal has connection with the right people (at your bank) and know the right process in which they each operate. This enables her to negotiate the lowest rate for your loan modification in the most expedited manner as possible.
Chanu Badwal has open lines of communication with most lenders, which gives her the ability and power to negotiate directly with the person who is in charge of making a decision on your loan modification.
My goal here is to help you lower your monthly payment, relieve your stress, and keep you in your home.
My strategies to keep you in your home…
I will take all the basic financial information from you.
I will Pre-Qualify you in my Loan Modification Software based on your current mortgage lender’s guidelines.
I will come up with the plan that meets your need.
I will gather data and required documents from you and start the process
I am NOT here to take your money , I am here to save you money!
Call Chanu Badwal today at 703-349-1084 for FREE NO OBLIGATION CONSULTATION so she can start working to save your home sooner the better.
Chanu Badwal
Realtor and CDPE
P: 703-655-8009
F: 703-249-4500 Email Me
