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

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

   FHA loan modification: There are a few options for an FHA loan modification, including an interest-free loan for up to 30 percent of your ... add unnecessary costs to your loan in the form of ...

3. Flex Modification Program (FMP): Everything you need to know

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

   The Flex Modification program is a conventional loan modification program designed to help homeowners who are experiencing long-term or permanent financial hardship. Using this program can help ...

4. Loan modification in the United States - Wikipedia

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

   Loan modification is the systematic alteration of mortgage loan agreements that help those having problems making the payments by reducing interest rates, monthly payments or principal balances. Lending institutions could make one or more of these changes to relieve financial pressure on borrowers to prevent the condition of foreclosure.

5. How to lower your mortgage payment

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

   The reduced loan amount means smaller monthly payments and less total interest paid over the course of the loan. To illustrate how this works, assume you have a $300,000, 30-year mortgage with a 6 ...

6. Loan modification company - Wikipedia

   en.wikipedia.org/wiki/Loan_modification_company

   Loan modification companies can also inform homeowners of federal programs, which may be advantageous. [2] In the United States there are numerous federal loan modification programs that homeowners can partake in, like the FDIC Loan Modification Program. However, homeowners must meet government mandated eligibility requirements before they can ...

7. What is loss mitigation? - AOL

   www.aol.com/finance/loss-mitigation-131710263.html

   Loan modification Loan servicers are willing to explore loss mitigation, meaning they want to keep you in the house and get what you owe from them. (This is cheaper and easier for them than ...