Boston, Massachusetts, Mortgage Modification Lawyers
The housing crisis of 2008 hit hard. Since then, many homeowners have found it difficult to make mortgage payments. Many fear that they will lose their homes due to a missed payment. Others fear complete bankruptcy.
Fortunately, there are things that can be done to avoid foreclosure and avoid bankruptcy. At the Law Office of Colonna & Doyle, we work with clients in making mortgage loan modifications. For more information, contact our law firm.
How a Real Estate Loan Modification Works
Many of our clients come to us with one problem — difficulty making mortgage payments. For many, monthly payments are too high. Others are overwhelmed by high interest rates. No matter what specific issues a client is facing, our Boston mortgage modification attorneys help them explore options that may help them stop foreclosure, avoid bankruptcy, and avoid a short sale. Some of these options include:
- Reducing interest rates
- Lowering monthly payments
- Changing terms of a loan
- Converting to a fixed rate mortgage
- Re-amortizing mortgage payments
Our goal is to make your mortgage payments more affordable. We have experience working with lenders to make loan modifications that benefit our clients. Often, lenders are willing to make loan modifications simply because the other option — foreclosure — is a complicated legal process. If you are seeking a loan modification, we will advocate on your behalf with lenders.
A Personalized Process
When you choose Colonna & Doyle to help you with your loan modification, you will be working with an office in which accountability is required. Every person we help has a different story. We make it a priority to get to know each client, and understand their needs and goals. From there, we are able to offer personalized services with the intent of resolving every client’s unique legal problem.
For more information, contact our Boston-area real estate lawyers today. Initial consultations are free of charge.