You do not have to stop paying your mortgage to be eligible for a loan modification.
More to the point, if you do stop paying your mortgage, you run the risk of being foreclosed upon. The HAMP program doesn’t require you to have missed even one payment, only to be at “imminent risk” of default.
If you have experienced a life change like a loss of a job or a disabling injury that has diminished your income, it doesn’t mean you have to lose your home.
Lenders are not guaranteed to work with you, but with an experienced foreclosure attorney beside you, your chances of staying in your home and getting through this are much higher.
Let the attorneys at Zelenitz, Shapiro & D’Agostino help you modify your mortgage.
Call us at 718-599-1111 for a free consultation.