The document discusses options for homeowners who are struggling to pay their mortgage or who are facing foreclosure. It explains that a loan modification allows homeowners to permanently change the terms of their mortgage to make the payments more affordable. It notes that homeowners can often qualify for a modification even if they are behind on payments or have damaged credit. The document then provides answers to several common questions about the modification process and requirements.

1. Should I do a Loan Modification? What are my options? Sale? Short Sale? Modify my Loan? How can you help me?