FrontDoor Unlocked - HGTV's FrontDoor Real Estate Blog » loan forgiveness http://blog.frontdoor.com News and thoughts from behind the FrontDoor Wed, 21 Sep 2011 20:06:39 +0000 en hourly 1 http://wordpress.org/?v=3.2.1 Vlog: What a loan modification does and does not do for you http://blog.frontdoor.com/blog/2009/07/10/vlog-what-a-loan-modification-does-and-does-not-do-for-you/ http://blog.frontdoor.com/blog/2009/07/10/vlog-what-a-loan-modification-does-and-does-not-do-for-you/#comments Fri, 10 Jul 2009 20:51:54 +0000 Annalisa Burgos http://blog.frontdoor.com/?p=1329 SHARETHIS.addEntry({ title: "Vlog: What a loan modification does and does not do for you", url: "http://blog.frontdoor.com/blog/2009/07/10/vlog-what-a-loan-modification-does-and-does-not-do-for-you/" }); ]]> In this week’s vlog, I talk to real estate broker and attorney Tara-Nicholle Nelson about how homeowners who are struggling to make their mortgage payments can get their loans modified and avoid foreclosure.

You’ve heard about extending the loan, converting an ARM to a fixed rate mortgage, and reducing the interest rate, but what about loan forgiveness? Will the lender write off all or part of your loan? Do you need to hire a company or can you work directly with your lender and do it yourself?

Click here to view the embedded video.

Get more tips and advice about the loan modification process:

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