Discover the benefits and drawbacks of loan modification programs, eligibility requirements, and alternatives for struggling homeowners. Learn more today.

Loan modifications are a long-term mortgage relief option for borrowers experiencing financial hardship, such as loss of income due to illness. A modification typically changes the loan’s rate, term ...

A mortgage loan modification can offer an opportunity for borrowers to get their monthly payment on their mortgage reduced to an amount they can afford. A mortgage loan modification may extend the ...

A loan program that can help with housing costs is flying under the radar in Berkshire County. The Home Modification Loan Program is a state-funded initiative that provides up to $50,000 in financing ...

This article was first published on NerdWallet.com. If you’re struggling to make your monthly mortgage payment, Fannie Mae and Freddie Mac have a new loan modification program so your home stays out ...

If you’re struggling to pay your mortgage, the conventional wisdom has long been to consider refinancing. Doing so has often meant a change in loan terms that can reduce monthly payments. However, ...

The people struggling with huge debts and financial hardships can make use of the loan modification programs intended to support such individuals. The hopes of the homeowners who struggle to avoid ...

Home loan programs for teachers can offer a wide range of benefits, including down payment assistance, grants, reduced interest rates and help with the homebuying process. Some of these programs are ...

Foreclosure happens when homeowners are no longer able to make their mortgage payments and the lender takes back ownership of the property. And while it’s a daunting, overwhelming prospect for ...

A defining feature of the 2008 recession was the staggering number of people who lost their homes. While there were 717,522 foreclosures in 2006, according to the Pew Research Center, that number ...

A number of local, state and federal programs offer eligible teachers discounts on homes and attractive mortgage terms. The ...