Sunday, June 29, 2008

Loan Modifications

What is a loan modification? If you know, type a comment.

1 comment:

David Lawrence said...

Loan Modification is an agreement between the borrower and lender to change the terms of the mortgage. This can include re-negotiating the rate, fixing the rate, defering interest or fees, extending the term, payment reduction and even reducing the principal balance. Please check my blog
or send me an email if you have any questions.