MORTGAGE LOAN MODIFICATION LAWYERS ASSISTING CHICAGO-AREA HOMEOWNERS

Home ownership is supposed to be the “American Dream,” but for some of us, a mortgage can become the stuff of nightmares. Especially if you’ve missed a few payments, you need a new mortgage – with a reduced interest rate and lower monthly payments – and you need it right now.

However, getting a reduced rate and lower mortgage payments is a difficult, confusing and often lengthy process. A mortgage loan modification requires a mountain of paperwork, and the procedure is different with every lender and servicer. Dealing with those lenders and servicers can be a frustrating process.

You’re going to need help from someone who knows and understands the mortgage industry. Help for homeowners is what we provide at the Chicago Consumer Law Center.

If you’re a payment or two behind, if a foreclosure has been filed against you, or if you believe that foreclosure is about to happen, a mortgage loan modification attorney can help you apply for a modification.

HELP FOR CHICAGO-AREA HOMEOWNERS

Mortgage lenders and servicers can be aggravating and difficult to deal with, and that can make applying for a mortgage loan modification even more frustrating.

Their record-keeping can be sloppy, they may lose key documents, and you probably have to deal with a different person every time you call. Approval for a mortgage loan modification can take months. If you need a modification, the time to get started is now.

Some homeowners who should be approved are not, but even if you are approved, foreclosure can still happen, or you may not actually receive the modification that you’ve been approved for.

We help Chicago-area homeowners obtain mortgage loan modifications, and we’ll ensure that when you are approved for a modification, you actually receive it.

WHAT’S THE FIRST STEP?

What’s the first step you should take? Before you apply for a loan modification, compile and copy all of the pertinent mortgage and financial documents, and then speak to a mortgage loan modification attorney.

We offer quality legal services at an affordable rate to homeowners throughout the Chicago area. We’ll look out for your interests. We can negotiate with banks and lenders to get the best possible terms and conditions for your mortgage loan modification.

WE EXPLAIN AND PROTECT YOUR RIGHTS

We’ll explain your rights as a homeowner under the federal Real Estate Settlement Procedures Act (RESPA), and we can sue a mortgage company that violates your “RESPA rights.” If we sue a mortgage company for violating your rights, you won’t be charged for our services, as the lender is responsible for our fees if we win.

If you’ve suffered financial losses or emotional distress because of a mortgage company’s unlawful actions related to a loan modification, you could be awarded additional compensation.

HOW TO LEARN MORE

Many of the consumer protection laws – the laws we work with, such as RESPA – are relatively new, so not many law firms offer these services. We’re proud of the work we do for Chicago area homeowners, and we’re ready to do that work for you.

Find out more. Call the Chicago Consumer Law Center at (312) 858-3240, arrange to speak with one of our attorneys, and learn what we can do on your behalf.