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Loan Modification for Dummies
By: Ralph R. Roberts
(Softcover)
Usually ships within 1 - 2 business days
- ISBN-13: 978-0470501993
- Published: 2009
- SKU #: 9227efec16
Loan modification refers to the process by which the terms of a mortgage are changed outside of the original terms agreed to by the lender and borrower. These changes can include reductions in interest rate, changing from a floating to a fix rate, a reduction in principal, extending the terms of the loan, and more. If you own a home or are planning to buy one in the future, it’s a good idea to read up on loan modification so that you will have a solid foundation of knowledge about your mortgage.


