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2. Mortgage loan modification: What it is and how to get one - AOL

   www.aol.com/finance/mortgage-loan-modification...

   Alternatives to mortgage modification. Forbearance: This is a short-term solution in which the lender agrees to suspend or reduce your monthly mortgage payments for up to one year. Keep in mind ...

3. What is a forbearance agreement? - AOL

   www.aol.com/finance/forbearance-agreement...

   A mortgage forbearance agreement is an arrangement between you and your lender to provide temporary relief from paying your mortgage, either by lowering or pausing the payments.

4. What to do when your mortgage forbearance period ends - AOL

   www.aol.com/finance/mortgage-forbearance-period...

   Here are options if your mortgage forbearance plan is expiring. ... you typically cannot apply for a refinance immediately after coming out of forbearance. Many lenders require what is known as a ...

5. Loan modification in the United States - Wikipedia

   en.wikipedia.org/wiki/Loan_modification_in_the...

   As a last resort, provide for principal forbearance, which will result in a balloon payment fully due and payable upon borrower's sale of the property or payoff or maturity of the loan. [12] Borrowers meeting the SMP eligibility requirements enter into a trial period in which they must make monthly loan payments equal to the proposed modified ...

6. How to lower your mortgage payment

   www.aol.com/finance/lower-mortgage-payment...

   Apply for mortgage forbearance. 1. Refinance to lower your payment. Refinancing involves replacing your current mortgage with a new one. In a basic rate-and-term refinance, your new loan offers a ...

7. How the Flex Modification Program Works - AOL

   www.aol.com/finance/flex-modification-program...

   The Flex Modification program is open to borrowers who meet eligibility requirements. In order to get your mortgage modified through the program, you must: ... applied for mortgage forbearance. A ...

8. Behind on mortgage payments? 6 ways to catch up - AOL

   www.aol.com/finance/behind-mortgage-payments-6...

   1. Forbearance. Mortgage forbearance is a type of payment relief that temporarily suspends or reduces your payments for a set period. During this period, the record reflects that you’re current ...

9. How to stop foreclosure - AOL

   www.aol.com/finance/stop-foreclosure-220538027.html

   2. Mortgage forbearance. Mortgage forbearance is an option that can help homeowners prevent foreclosure by temporarily pausing or reducing mortgage payments during financial hardships. But the ...