A Chance to Save Your Home

When your mortgage lender is trying to foreclose on your home, you feel like your life is spinning out of control.

Is there any way out of this? Will your finances ever recover? Will you be forced to leave your home?

Your best option could be a loan modification.

This is a chance to restructure your loan so you can stay in your home and better afford your payments. It could mean extending your repayment period or lowering your interest rate.

But how do you do it? A foreclosure defense lawyer from the Horenstein, Nicholson & Blumenthal law firm can help with a loan modification so you can hold on to the life you know.

Our law firm doesn’t represent banks. We represent homeowners. We want to help you put this trying time behind you.

In Ohio, all you need to know is this: “Helping me, that’s HNB.”

Talk to HNB 



How to Qualify for a Loan Modification

Most of the time, you don’t have to miss mortgage payments to qualify for a loan modification. If you fear you’ll soon miss payments, you should act now. You only need to show you’re in danger of falling behind.

For most loan modification programs, you have to show four things:

  1. The mortgage in question is for your primary residence.
  2. You’ve gone through a financial hardship such as an illness, divorce,     injury, death of a spouse or job loss.
  3. You’re likely to default on your payments without a modification.
  4. You could afford payments under the modification.

The government’s Home Affordable Modification Program (HAMP) is an example of a plan where you only have to show you’re at risk of imminent default—and not actually be in default.

Lenders also have their own programs to help when you’re still current on your payments. After all, they want your mortgage to stay profitable for them.

Once you start missing payments, your situation gets harder. You’ll face expensive fees, a drop in your credit score, fewer options for refinancing, and lower chances of getting approved for a modification. Getting current again could be impossible.

You also need to know this: It can take a lot of work and several months to get a modification.

Don’t risk making any mistakes. Get a professional to help.

If you want a modification but the lender is denying you or treating you unfairly, talk to an experienced foreclosure defense attorney like the ones at HNB.

You can get the HNB legal team to evaluate your situation for free.

Get My Free Case Review 
A man, appearing weary, looks at a laptop on a kitchen table covered with papers. HNB lawyers can help you qualify for a loan modification to fight your foreclosure.

HNB lawyers can help you qualify for a loan modification to fight your foreclosure.

More Options for Facing a Foreclosure

If a loan modification isn’t the path for you, you can take several other steps to save your home or otherwise free yourself from foreclosure stress and keep your future intact.

You could explore any of these:

Foreclosure defense is a highly specific area of law. You want a foreclosure lawyer licensed in the state of Ohio who can show you every option available.

Out-of-state loan modification companies may offer to help, but be careful with them. We’ve often found they charge a lot without helping much. And if they fail to get the result you need, it can be hard to recover what you spent and reopen your case.

Foreclosure is an intimidating, complicated process. You don’t have to go through this alone.

Call HNB Now!  
A couple meets with a man across a table in a bright room. The lawyers at HNB can help you determine what to do about a mortgage payment refusal.

HNB lawyers can help you understand different options for ending your home foreclosure.