Let Mobil Settlement, LLC get your lenders approval for a Loan Modification.

Fill out the Loan Modification contact form below and one of our loan counselors will contact you immediately.

Due to recent economic conditions and the increasing pressure from the U.S. government on various lenders, Mobil Settlement, LLC has had a tremendous amount of success assisting borrowers avoid foreclosure while staying in their home.

Our Loan Modification Specialists will provide a free consultation to understand your current situation and put together a customized plan before going to your lender with the best solution for you. 

Loan modification is a process that allows homeowners and lenders to change the terms of a loan in order to help the borrower stop foreclosure.

A loan modification is NOT a new loan.

It is the renegotiation – or loan restructuring – of your existing mortgage note.

For homeowners behind on their mortgage, those with a low credit score, or those who don't have enough equity to refinance, a loan modification is often the only option available because they are unable to get approved for a mortgage refinance or a short-refinance.

A loan modification can be done in several ways or combination of ways listed below:

the loan’s interest rate may be decreased
the interest rate could be changed from an adjustable to a fixed rate
the period of time the borrower has to pay the loan back can be lengthened
the type of loan could be changed altogether

Many borrowers are facing foreclosure because their mortgage interest rate terms have sky rocketed beyond what they could have imagined.

A loan modification is the perfect solution for both the lender and the borrower to avoid the cost and hassle of the foreclosure process.