The Attorneys to Call for Home Loan
Modification Help in Northern Virginia
Falling home prices, widespread layoffs and adjustable-rate mortgages have set the stage for a record number of foreclosures in recent years. This is good for no one. Not the country. Not lenders. Not investors. Not neighborhoods. And most certainly not the families and individuals who have already lost, or who soon may lose their homes.
The good news is that the government has recognized this problem for what it is and that the laws are beginning to change.
At THE THOMAS LAW FIRM, we have kept a close eye on changes in this area of the law and on the new doors and opportunities that have been opened to keep people and families in their homes. We are aware of the new government programs and resources available to homeowners. We know how they work and we know how to help you avoid the mistakes people make when applying for the government's help.
Could a home loan modification be the right solution for you? At our firm, you will be able to get the information you need to make an informed decision for yourself — and the effective legal advice and services you need to make this option work. Knowledge is power. Call or contact us for a free consultation today.
How We Can Help
Filing for bankruptcy protection under Chapter 7 or Chapter 13 is not the right solution for everyone.
Our lawyers know that will help you understand and explore all of the debt relief options that could work to accomplish your goals. In terms of home mortgages, adjustment options include:
- Having our firm negotiate directly with your lender to extend the term of years on your current mortgage or to lower the fixed interest rate
- Refinancing through the Home Affordable Refinance program (for loans owned by Fannie Mae and Freddie Mac only) is part of the government's new Making Home Affordable Program (MHAP)
- Getting loan modification help from the U.S. Treasury's Home Affordable Modification Program (HAMP) is another good option, especially if your first mortgage payment (including principal, interest, taxes, insurance and homeowner's association dues, if applicable) adds up to more than 31 percent of your current gross income
Free Consultations — Se Habla Español
Falls Church Area: 703-639-4585 / Toll Free: 888-589-8716
Call or contact us today and talk to us about your current financial troubles and the home loan modification option. There's no commitment. The consultation is absolutely free — as are the answers and information you'll find here.
