Gary H. Baker, P.A.

Attorney and counselor at law

Representing Consumer Debtors in Bankruptcy, Foreclosure and Collections
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Mortgage Modifications

Mortgage Modification (also known as Loan Modification, Restructuring, or a Work Out Plan) is a permanent change to one or more of your loan terms.  It is designed to help you keep your home while also providing you with a mortgage payment that you can afford.

 

Types of Modification:

 

The types of modification available to you will vary depending on your situation, however common types of modification include:

           A reduction in your interest rate

           A change from an adjustable to a fixed interest rate

           A reduction in principal

           A reduction in penalties or fees

           Lengthening the term of the loan

 

Remember, the goal of Mortgage Modification is to allow you to catch up on your payments AND to provide you with a monthly mortgage payment you can afford.

 

Gary H. Baker, P.A. represents clients through all phases of the Modification process.  We aim to help families keep their homes and to negotiate fair and affordable mortgage terms.  E-mail us or call
(727) 561-0066 to schedule a Free Consultation.
 

 

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***Important Information for ALL homeowners looking for information on Mortgage Modification***
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There is a lot of information on the web about mortgage modification, and it is often hard to tell who and where the information is coming from.

The Federal Trade Commission (FTC) has put out a flyer warning homeowners about potential scammers and about private companies that are using names and phone numbers similar to those of the Government sponsored "Hope Now" Program.

Below are the links and web addresses to the FTC and the official Hope Now and Making Homes Affordable Website.

If you are looking for additional information on Mortgage Modification we recommend that you start here.

Federal Trade Commission
www.ftc.gov

The official Hope Now site
www.hopenow.com

Making Homes Affordable
www.MakingHomesAffordable.gov


Call or e-mail us for a free consultation.
(727) 561-0066
 

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Gary H. Baker, P.A.

3001 Executive Drive, Suite 390
Clearwater, Florida 33762

Call us Today to Schedule your Free Consultation!

(727) 561-0066

or send us an e-mail:  info@BakerDebtRelief.com

 

We are a debt relief agency.  We help people file for bankruptcy under the United States Bankruptcy Code.

The hiring of a lawyer is an important decision that should not be based solely upon advertisementsBefore you decide, ask us to send you free written information about our qualifications and experience.