Loan Modification in North Carolina
Are you having trouble making your monthly mortgage payments? Maybe you're unemployed or have taken a job with a lower salary. Or perhaps you're facing unexpected medical expenses that have forced you to tighten your spending in other areas. If you can no longer afford your mortgage, or if your home is less than the value of your loan, you may be a candidate for a loan modification. A North Carolina mortgage modification attorney can guide you through the process.
Why Modify Your North Carolina Loan?
When you modify your mortgage, you're changing some aspect of the original loan agreement—such as the interest rate, principal amount owed or length of the loan—in an effort to reduce the monthly loan payment. You may want to modify your mortgage if:
- You can't afford your monthly mortgage payment and you're at risk of foreclosure
- You're locked into a high interest rate as a result of poor credit or the timing of your loan
- Your home is "under water," or worth less than the value of your mortgage
Why Hire a North Carolina Mortgage Modification Lawyer?
Legally, you're not required to hire an attorney to help modify your mortgage. But there are a few reasons to consider hiring a North Carolina loan modification attorney.
North Carolina loan modification lawyers can analyze your finances as well as the value of your real estate and explain your legal options, which might also include a short sale, deed in lieu of foreclosure or bankruptcy. When you work with an attorney, you'll be able to make an educated and informed decision, rather than just relying on your gut instinct.
Your attorney also has the legal expertise necessary to read and thoroughly review your loan documents (which are, after all, legally binding contracts) before you sign them.
Finally, loan modification scams have become commonplace in recent years. When you work with North Carolina mortgage modification attorneys, you have the peace of mind of knowing you're unlikely to become a fraud victim. Find out other places to get help for loan modifications.
Find & Hire North Carolina Loan Modification Attorneys
If you're ready to lower your mortgage payments and save your home from foreclosure, then it's time to hire a North Carolina loan modification lawyer—and Attorneys.com can guide you through the process. Whether you live in Charlotte, Raleigh, Greensboro or elsewhere in the state, we offer a free service that can match you with a North Carolina mortgage modification attorney in your area. To get started, phone us at 877-913-7222 or fill out the form on this page. After you answer a few easy questions, we'll quickly connect you with a local lawyer who handles loan modification work.