Ohio Business, Commercial, Construction, & Consumer Attorneys > Blog > General > Are You Eligible for a Loan Modification in Ohio?
Are You Eligible for a Loan Modification in Ohio?
Loan Modifications in Ohio are ideal for homeowners struggling to pay their mortgage due to financial difficulties. Your eligibility for an Ohio Mortgage Loan Modification depends on who services your mortgage. Almost all servicers have similar qualifications:
- You experienced a documented hardship or change in financial services.
- You own and occupy the property as a primary residence.
- The modified mortgage payment meets a certain percentage (%) of your present.
Obtaining a loan modification in Ohio can be difficult without the assistance of an attorney. Banks and mortgage servicers may not properly evaluate you for all your loan modification options. The attorneys at Kohl & Cook Law Firm have assisted homeowners in receiving Loan Modifications in Ohio to prevent foreclosure.
If your mortgage payments are unmanageable and foreclosure may be approaching, contact our attorneys now at (614)763-5111 or click here to schedule a free consultation.