Call or Text : 313-887-0807

Freedom Law, PC is a Detroit-area bankruptcy and debt-relief practice. Our bankruptcy lawyers are dedicated to helping our clients with filing bankruptcy (Chapter 13 and Chapter 7), debt relief, avoiding foreclosure, mortgage loan modification programs, stopping wage and bank account garnishments, stopping vehicle repossession and seizure, stopping creditor harassment, dealing with IRS and tax debts, and lowering property taxes.

We're conveniently located to support Detroit and the communities of: Clinton Township, Dearborn, Eastpointe, Ferndale, Fraser, the Grosse Pointes, Hamtramck, Harper Woods, Harrison Township, Highland Park, Madison Heights, Melvindale, River Rouge, St. Clair Shores, Sterling Heights, and Warren.

Home :: Mortgage Loan Modification Programs

18121 East Eight Mile Road

Suite 301

Eastpointe, Michigan, 48021

Visit us on Facebook:

Mortgage Loan Modification

Mortgage loan modifications are being utilized more often to make mortgages more affordable for homeowners.

In a mortgage loan modification, the mortgage company essentially re-writes the home loan voluntarily. The new note may reduce the interest rate on the loan, recapitalize any arrearage into the new principal, reduce the principal, convert an adjustable rate mortgage to a fixed rate mortgage, or any combination of the above.

But this process is completely voluntary by the mortgage servicers, and it can be a frustrating and seemingly endless process for homeowners. Quite often, a mortgage servicer will string a homeowner along all the while preparing to foreclose on the property.

An attorney can be helpful during this process to help you sort through options and to preserve your rights.

Call our office, and we will provide a free, no-obligation consultation to discuss your particular situation.

Some background information can be found here:

Visit us:

The Kennedy Building

One number for phone, text, and fax: