If you are unable to make your full mortgage payments and you live in Rhode Island there is a solution for you. You can save your home and reduce your stress. Rhode Island is one of only three states in the country which have laws that govern mortgage modifications. In a mortgage modification, in many circumstances, your mortgage can be reduced, to a payment which you can afford.
In addition, overdue payments, fees, and penalties are added to the end of the mortgage not tacked on top of existing monthly payments. Changing circumstances can make your existing payments beyond your best ability to pay. Many Rhode Islanders become overextended because of a health crisis, family difficulties or a change in your employment status.
In addition, overdue payments, fees, and penalties are added to the end of the mortgage not tacked on top of existing monthly payments. Changing circumstances can make your existing payments beyond your best ability to pay. Many Rhode Islanders become overextended because of a health crisis, family difficulties or a change in your employment status.
Services
Local: From his office in Pawtucket, Mr. Simonian represents clients throughout Rhode Island in mortgage modification. Experienced: For more than 20 years, Mr. Simonian has helped people in Rhode Island who are facing all types of financial challenges. Trustworthy: Beware of dealing with out-of-state companies that require you to send money first.
Your home loan does not have to be in foreclosure to seek a mortgage modification in Rhode Island. Homeowners usually hire an attorney to represent them in dealing with lenders when they are trying to modify a mortgage. The advantage of having an attorney who has done hundreds of modifications is he knows the law and what a lender is required to do.
Medical bills, family emergencies, job loss, or any unexpected event can cause you to fall behind on your mortgage payments. The next thing you know, you are facing foreclosure and the loss of your home. Call mortgage modification attorney John S. Simonian today at 401-467-7998 or contact him online.
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