The fear of losing a home is very real to many Las Vegas homeowners. In a metropolitan area that has suffered massive unemployment, profound real estate depreciation and extraordinary foreclosure rates, many homeowners have been searching for a viable way to keep their homes. For homeowners who qualify (and whose lenders are willing to cooperate), loan modification can be a powerful solution.
Loan modification means that a lender changes the terms of a borrower’s loan. In most cases, this means that the interest rate is lowered, fixed or both, which can result in a lower monthly payment and thus a more affordable situation for the borrower. In many situations, a loan modification can also bring a loan current by adding delinquent payments onto the loan. In rare cases, it can also change the term of the loan or involve reduction of the principal, the amount that is owed to the lender.
At Randolph Law Firm, we help homeowners avoid foreclosure by facilitating loan modifications and providing other solutions that meet their specific needs. If you have received a notice of default, or if you are simply behind on your mortgage, our firm can help you by:
We are not an out-of-town business; we are a local firm with a commitment to the community and a focus on improving the financial lives of our clients.
Loan modification myths and scams are rampant in Nevada and throughout areas hard hit by the housing collapse. If you believe that a modification could help you keep your home, Las Vegas loan modification attorney Taylor Randolph can give you straight advice on how to proceed. Contact Randolph Law Firm for a free consultation with an experienced lawyer.
Call our office to arrange a free consultation with a lawyer about your particular circumstances. Or, if you prefer, complete our brief online form. We welcome your questions.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.