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 Oregon
In recent years, Oregon has been hard hit by foreclosures and the drop in real estate prices. If you're a homeowner and are struggling to make your mortgage payments—or own a home that's underwater and are having trouble justifying your payments—you may be a good candidate for a loan modification. An Oregon mortgage modification attorney can review your financial situation and help guide you through the process.
Things to Know About Mortgage Modifications
When a lender modifes a loan, it's changing some part of the original loan agreement with the goal of reducing your monthly or bi-weekly mortgage payments. A lender can:
- Lower your mortgage's interest rate
- Forgive some of the principal you owe if your home has fallen in value and is now worth less than the balance of your loan (known as being underwater)
- Forgive some of the late fees and penalties you owe
- Extend the length of your loan
By modifying your mortgage, you may be able to avoid foreclosure, a short sale or personal bankruptcy.
If you're thinking about getting a loan modification, it pays to work with a loan modification attorney who's licensed to practice in Oregon. That's because mortgage and foreclosure fraud is becoming increasingly common in Oregon.
Find & Hire a Local Oregon Loan Modification Lawyer
If you're ready to solving your mortgage problems, now is the day to talk to a mortgage modification lawyer. And whether you live in Portland, Salem, Eugene or elsewhere in Oregon, Attorneys.com can help you connect with a lawyer in your area. To use our free service, fill out the form on this page or call us at 877-913-7222. We'll quickly connect you with local mortgage modification attorneys.