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  2. 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 ...

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

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

    A loan modification, on the other hand, is a loss mitigation option you might need to do if you are struggling to make mortgage payments. Without a loan modification, you risk going into default ...

  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 the Flex Modification Program Works - AOL

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

    A mortgage modification can help you get better terms on your home loan if you’re struggling to make payments. The Flex Modification program is designed to help homeowners who have mortgages ...

  6. Mortgage modification - Wikipedia

    en.wikipedia.org/wiki/Mortgage_modification

    The emergency loan-modification options give homeowners the potential to extend amortization periods on their homes if experiencing significant financial hardship or foreclosure. These options can offer extensions up to a 40-year amortization, if a 15-year extension is granted on a previous 25-year amortization mortgage.

  7. How to stop foreclosure - AOL

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

    You could be eligible for a mortgage repayment plan or loan modification to help avoid foreclosure. A lost job or an unexpected major medical bill can leave you facing a homeowner’s worst ...

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