Legal Articles
Mortgage Law, Fraud & Loan Modification
Get Started Finding a Local Attorney Now

Simply fill out this form to connect with an Attorney serving your area.

Loan Modification in California

Elderly homeowners, those with low incomes and poor credit, and non-native English speakers are at greatest risk of becoming victims of California loan modification fraud. Before you modify your mortgage, hire a California loan modification attorney to guide you through the process. And if you think you've been a victim of loan modification fraud, a California mortgage modification attorney may be able to help you undo the damage and recoup some of your money.

What Is a California Mortgage Modification?

When you modify a loan (and, in particular, a home mortgage), you're changing some of the terms and conditions of the original loan agreement. Among the things that may be changed:

  • The principal amount that is owed
  • The length of the loan
  • The interest rate
  • The monthly payment

In recent years, many homeowners have looked into mortgage modifications as a way of dealing with the lousy economy.

A California loan modification can be particularly useful if your monthly income has decreased and you're unable to afford your loan payments. Changing the interest rate and length of the loan may reduce your monthly payments, allowing you to remain in your home and avoid foreclosure. You may also benefit from a California mortgage modification if your loan is locked in at a high interest rate. And you'll want to consider modifying your loan if falling real estate prices have left you with a home that's under water, or worth less than the value of the loan. Recently banks have been willing to forgive (or write off) some of the loan's principal in an effort to keep homeowners from abandoning their underwater homes—and the accompanying mortgage.

A mortgage modification attorney in California can review the specifics of your situation and help determine if a loan modification is right for you.

Working With California Lawyers to Avoid Mortgage Modification Fraud

Many homeowners have recently found themselves in desperate situations, thanks to high unemployment rates and falling home prices. And fraudsters have taken advantage of these people, using it as an opportunity to separate people from their hard-earned money, while doing nothing to help them save their homes.

There are many types of mortgage modification scams—and smart criminals think of new types of fraud every day. That's why the experts recommend you work with experienced California mortgage modification attorneys who can be trusted to help you modify your mortgage.

Signs of a potential loan modification scam include:

  • Upfront promises to work wonders—before the scammer has even seen your loan documents
  • Requests for big advanced payments
  • Suggestions you sell your home to someone else who will then rent it back to you until you can repurchase it

If you or someone you love has been victimized by a mortgage modification scam artist, you may still be able to recover your money and reverse any damage that's been done. California loan modification lawyers can review any documents or paperwork you signed and try to untangle the problem.

Find & Hire California Loan Modification Attorneys

Whether you're a homeowner trying to reduce your loan payments or the victim of a potential mortgage modification scam, loan modification lawyers in California can assist you. When you hire a licensed California attorney, you're teaming with an experienced professional who's knowledgeable about the available loan modification options. You'll have peace of mind of working with someone who won't take advantage of you, and can help fix any problems that may have occurred.

If you're ready to hire a California loan modification attorney, you've come to the right place. That's because offers a free service that can match you with a mortgage modification lawyer in your area—whether you're in San Jose or San Diego, Los Angeles or Sacramento or elsewhere in the state. Complete the form on this page or call us at 877-913-7222. We'll ask you a few easy questions, then quickly connect you with a loan modification lawyer in your area.