Boston Condo Owners: What Is A Loan Modification? Boston Condos For Sale Ford Realty

Boston Beacon Hill condos

A Loan Modification is a way to renegotiate your current mortgage in your Downtown/Midtown Boston Condo allowing you to maintain or repair your credit. Many aspects of your mortgage can be changed to your benefit, including the term of the loan, interest rate, balance of principle and monthly payments. It’s even possible to have late fees waived.There are many opportunities opened through loan modification and each home owner’s situation is unique. A large number of Downtown/Midtown Boston homeowners will use loan modification to prevent foreclosure on their home.

Santander Bank

Santander Bank can help save your home and your credit! For anyone who is unable to make their monthly payments, or is in danger of being buried under a past due balance, Santander skilled negotiators will contact your lender on your behalf to renegotiate the terms of your loan.

Loan Modification

Santander is an industry recognized loan modification and short sale negotiations consulting firm. Their clients range from distressed homeowners seeking guidance to investment bankers utilizing their strategic portfolio enhancement platforms. Santander is a collective of diverse industry leaders unified by the vision of providing sound, equitable results for the consumer, community, servicer, and lender.

Most government programs have proven themselves to be inefficient and costly, with little or no positive results. Santander has built relationships with lenders that have translated to increased efficiency and beneficial results for both their clients and the lenders. They continue to strive to provide viable solutions to the foreclosure crisis

Conclusion

Santander Banks can support and wish the best success for most government and banking plans; however, more than 90% of their clients have tried working with their lenders directly, attorneys, HOPE, and other government agencies with little or no results.