Add Yahoo as a preferred source to see more of our stories on Google. What Is a Loan Modification? Can It Help Homeowners in Trouble? A loan modification is often billed as a lifeline for homeowners ...

Loan modification programs are initiatives designed to help borrowers who are struggling to make their mortgage payments. These programs provide an opportunity to restructure the terms of a mortgage ...

If you’re seeking more affordable mortgage payments, a loan modification or a refinance could both help. Loan modifications are for homeowners experiencing financial hardship who are unable to make ...