Winchester Loan Modification Attorney

Many people spend years investing more than 30 percent of their income on their home. Some people also take out second loans on their homes either when they purchase the home or sometimes later to help make ends meet. Unfortunately, even after years of payments, the sum of the loans can end up being higher than the value of the home.

We Help With Loan Modifications to Help You Stay in Your Home

When income falls, it sometimes becomes impossible to meet the payments. In situations like that, obtaining a loan modification to make your mortgage payments more affordable may be the most effective way to retain your home. Because there is so much need for this help, there are copious amounts of information on the Internet and numerous companies that offer loan modifications. Unfortunately, much of that information is misleading and some may be incorrect. Sadly, many offer promises but cannot provide the help you need to obtain a loan modification.

If you are interested in seeking a loan modification to help you afford your home, it is important to work with an experienced lawyer throughout the loan modification process. At Parker & Associates, that is exactly what we do. We have over 30 years of experience offering individuals help with their financial problems. We offer help in many areas, including loan modifications or other ways of restructuring your finances. With proper and experienced legal counsel, you can regain financial control and take steps to keep your home.

Understanding the Pros and Cons of Loan Modifications

Although modifying your loan can be an effective way to help you regain control of your finances, the loan modification system is not perfect. In fact, it is far from it. Sadly, many individuals submit and resubmit applications only to be turned down repeatedly but do not know the reasons why or believe they have been denied improperly. With proper and experienced legal counsel, you can not only apply for a loan modification but also find out why you may have been denied and if appropriate, appeal the denial.

Because we have over 30 years of experience handling bankruptcy and insolvency matters, we understand the goals and the pitfalls. We know the criteria and the timing considerations that go into obtaining a loan modification. We are committed to working with lenders and with our clients to achieve effective loan modifications, which can prevent foreclosures and lead to long-term financial health.

Contact a Massachusetts Attorney to Restructure Your Mortgage

We know the loan modification process is extremely frustrating. We can provide the legal counsel and support you need at every step of the process. We are here to help individuals in Massachusetts, including in Winchester and the surrounding communities, move forward. Contact us online or call 781-218-3487 to schedule your free initial consultation with an experienced attorney.