What is a loan modification?
A Loan Modification is when your current lender modifies your current mortgage. A new closing is not required. This is not refinancing your loan. A loan modification can change your interest rate, balance of loan, delinquent fees owed, and term of loan. Usually a loan modification was only performed when a borrower was past due. Currently it is being used before or after someone is past due. Loan Modification can be your best way to avoid foreclosure. Banks don't want you to go into foreclosure. Our goal is to give you a payment you can afford for the long term. Just call us at or click the see if you qualify button on the left.

Should I do this myself?
Of course you can negotiate with your mortgage company yourself. Just as some people act as their own accountants lawyers.

However, phrase like partial claim and special forbearance are confusing terms. Many will find dealing with their lender an intimidating  experience as they are passed around, never sure if  they are talking to the right person.

Freedom Equity Savings LLC doesn't offer any service to you that you cannot technically perform for yourself. Then why pay us to represent you?  If you call your lender you will be speaking to a low level employee that will most likely inform you that there is nothing that can be done for you. Not only do we know who to speak with, we also know the limits that they are willing to go. In the end you will save much more then the small fee you will pay us. Additionally, you won't have to do the work that is involved in making it happen.

Will the bank agree to my loan modification?
They would rather modify your loan then have it go into foreclosure.  When a mortgage company forecloses on a property, they almost invariably lose money. However they will want to make sure you are capable of keeping up with the new terms.

The bad news is that you are really nothing more than a loan number to your lender. More than ever your lender is trying to cut their losses. So while modifying your loan may help them with that, they're also eliminating jobs which is making it more difficult to speak to the right person.

Is it too late?
No, just call. If your home hasn't been sold yet then there's still hope. Contact us immediately. Start the process to save your home now.

I've negotiated with my bank and failed. What can you do?
This is what we do, loan modifications. You failed because you don't specialize in loan modifications. Give us a call and let our team get the results you were unable to get.

I'm already in bankruptcy, is that a problem? While it is not possible negotiate your mortgage until it is  dismissed from bankruptcy, we can advise you on what can be done when it is out of bankruptcy.

What is predatory lending?
Predatory lending generally refer to illegal and immoral activities some lenders engage in. These practices in many cases lead to foreclosures and unmanageable mortgage payments. We are skilled at uncovering predatory lending practices in your loans, thus helping us with your loan modification.

What kind of loan can be modified?
Just about any loan can be modified.