Loan Restructuring

While loan modifications have always been available in unique situations in the past, today they are becoming a universal necessity. Owing to the economic climate, lenders are continually changing their loan restructuring guidelines to stay viable. For lenders and homeowners, finding a fair solution today to yesterday’s loans has become economically essential for both sides of the equation. Unfortunately, it can be extremely difficult for the counterparties in a loan to amicably find the right solution. That is where the National Debt Solutions Program comes in.

Financial uncertainty, losses, instability, stress, and urgency are all typical byproducts of today’s environment and they affect homeowners and large institutions alike. This has created harsh circumstances in which to achieve mutually beneficial terms to the loans that have been plaguing homeowners’ bank accounts and banks’ accounting books. As a specialized loan modification company, we have the expertise, knowledge, and specialization to rework these toxic loans, make them affordable, and help keep you in your home.

Most Loan Restructurings Involve:

• Changing the type of the loan (for example, from an adjustable rate to a fixed rate or from a negative amortization to a conventional term)
• Reduction in the interest rate
• Extension of the loan term
• Forbearance of past due amounts
• Combination of all four of the above