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  2. This under-the-radar mortgage hack is saving some ... - AOL

    www.aol.com/finance/under-radar-mortgage-hack...

    With this in mind, homeowners can ask for a mortgage rate modification. This is an agreement between a borrower and their lender to adjust the interest rate on a loan without a full refinance. How ...

  3. 'It has just wrecked my whole life': Texas woman, 85, says ...

    www.aol.com/finance/just-wrecked-whole-life...

    5 minutes could get you up to $2M in life insurance coverage ... the ordeal began in 2012 when Jefferson verbally agreed to a loan modification. It has since escalated into a legal battle over ...

  4. How to lower your mortgage payment

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

    Recast your mortgage. Eliminate your mortgage insurance. Modify your loan. Lower your taxes. Shop around for a lower homeowners insurance rate. Apply for mortgage forbearance. 1. Refinance to ...

  5. 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.

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

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

    USDA loan modification: With a USDA loan, you can modify your mortgage with an extended term of up to 40 years, reduce the interest rate and receive a “mortgage recovery advance,” a one-time ...

  7. Loan modification vs. refinance: Which option is best for you?

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

    Homeowners typically refinance to lower their monthly mortgage payments, pay their home off faster or tap into home equity. Unlike a loan modification, it comes with hefty closing costs . When ...

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