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This INtro covers the basics of a loan modification. A modification could be a reasonable solution for a large number of folks who are behind on their mortgage but getting the lender/servicer to go along with the program can be a challenge. Learn what the guidelines are so that you are clear on whether or not you qualify.
Having clarity can give you a better chance of getting the outcome you want.
Pay close attention to the cautions mentioned in this informative session.