Is a Loan Modification My Best Option?
![Is a Loan Modification My Best Option?](https://sunsetbeachandbeyond.com/wp-content/uploads/2016/12/loan-modification-green-road-sign-xs-300x199.jpg)
A loan modification might be a good option for homeowners struggling to pay their mortgage each month but still want to keep the home. Loan modifications typically start out at a fixed rate of interest for the first five years and then convert to an adjustable rate mortgage or the homeowner can refinance. This is really…