Rex Anderson, PC

THE Consumer Resource

What is a Loan Modification?

A Loan Modification is a permanent change in one or more of the terms of your loan, gives you a fresh start, and results in a payment that you can afford. The sole purpose of a loan modification is to enable the borrower to meet the terms of the new loan for the foreseeable future. We will analyze your current situation and provide a workable plan that is acceptable to both you and your lender.

In simplest terms, a loan modification restructures the terms of a loan without actually refinancing the property it secures. A loan modification can be defined as an agreement between the lender and the borrower which stipulates a long term relief from unaffordable loan terms. Modification of a loan applies to the terms governing the interest rate, the amount of the monthly payment, and in some cases also the loan amount. We have worked on behalf of borrowers with their lenders to achieve the relief of a home loan modification with the result of drastically reduced mortgage payments.

Rex Anderson PC proudly services the following locations:

Lapeer County: Almont, Attica, Burnside, Clifford, Columbiaville, Dryden, Elba, Farmers Creek, Five Lakes, Hadley, Hunters Creek, Imlay City, Kerr Hill, Kings Mill, Lapeer, Lum, Metamora, North Branch, Otter Lake, Thornville

St. Clair County: Adair, Algonac, Allenton, Anchorville, Atkins, Avalon Beach, Avoca, Bedore, Belle River, Berville, Blaine, Broadbridge Station, Brockway, Capac, Casco, Cherry Beach, Clays Landing, Columbus, Emmett, Fair Haven, Fargo, Forster, Gardendale, Goodells, Grande Pointe, Hawthorne, Jeddo, Keewahdin, Kimball, Lakeport, Lambs, Lesterville, Maple Leaf, Marine City, Martindale Beach, Marysville, Miller, Muirs, Muttonville, North Lakeport, Pearl Beach, Perch Point, Peters, Pointe aux Chenes, Pointe aux Tremble, Port Huron, Rattle Run, Riley Center, Riverside, Roberts Landing, Ruby, Saint Clair, Sans Souci, Smiths Creek, Snyderville, South Park, Sparlingville, Starville, Tappan, Thornton, Wadhams, Wales Center, West Tappan, Yale

Genesee County: Argentine, Atlas, Bayport Park, Beecher, Belsay, Brent Creek, Burton, Clio, Davison, Duffield, Farrandville, Fenton, Flint, Flushing, Gaines, Genesee, Goodrich, Grand Blanc, Lake Fenton, Lakeside, Lapeer Heights, Linden, McGrew Junction, Montrose, Mount Morris, Otisville, Pine Run, Rankin, Richfield Center, Rogersville, Russellville, Swartz Creek, Thetford Center

Tuscola County: Akron, Bay Park, Bradleyville, Caro, Cass City, Colling, Colwood, Daytona Branch, Deford, Denmark Junction, East Dayton, Ellington, Elmwood, Fairgrove, Fostoria, Gagetown, Gilford, Juniata, Kingston, Mayville, Millington, Oakhurst, Quanicassee, Reese, Richville, Silverwood, Thomas, Tuscola, Unionville, Vassar, Wahjamega, Watrousville. Wilmot, Wisner

Huron County: Bach, Bad Axe, Bay Port, Berne, Caseville, Elkton, Filion, Glencoe, Grind Stone City, Harbor Beach, Helena, Huron City, Ivanhoe, Kilmanagh, Kinde, Lewisville, Linkville, Owendale, Parisville, Pigeon, Pinnebog, Pointe aux Barques, Popple, Port Austin, Port Crescent, Port Hope, Rapson, Redman, Rose Island, Ruth, Sebewaing, Ubly, Valley Island, Verona, Weale, White Rock

Saginaw County: Birch Run, Blumfield Corners, Brady Center, Brant, Bridgeport, Buena Vista, Burnt, Burt, Carrollton, Chapin, Chesaning, Clausedale, Crow Island, Dice, Fenmore, Fordney, Fosters, Frankenmuth, Frankentrost, Freeland, Frost, Galloway, Garfield, Gera, Groveton, Hemlock, Indiantown, Iva, Lakefield, Lawndale, Layton Corners, Luce, Marion Springs, Merrill, Morseville, Nelson, Oakley, Orr, Paines, Racy, Roosevelt, Saginaw, Saint Charles, Shattuckville, Shields, Swan Creek, Taymouth, Zilwaukee

1-800-4-ATTY-REX
810-653-3300