Illinois Loan Modification Attorney
If you are behind on your mortgage and facing foreclosure in Illinois, a loan modification may allow you to restructure your loan, reduce your monthly payment, and keep your home. The process is complex and the stakes are high. Kyle & Kyle Law is here to guide you through it.
What a Loan Modification Is
A loan modification is an agreement between you and your lender to permanently change the terms of your mortgage. This can include a reduction in your interest rate, an extension of your loan term, or the addition of missed payments to the back end of your loan. A successful loan modification can make your mortgage affordable and stop the foreclosure.
How We Help
Kyle & Kyle Law handles the loan modification process on your behalf. Our Illinois attorney, John Lara, has extensive experience working with lenders and servicers on loss mitigation in Illinois. He has facilitated loan modifications, forbearance agreements, reinstatements, consent foreclosures, deed-in-lieu agreements, and short sales.
We manage every step of the process including:
- Gathering and submitting your complete loan modification package
- Communicating directly with your lender and servicer
- Responding to requests for additional documentation
- Appealing denials where appropriate
- Monitoring your active foreclosure case while loss mitigation is pending
An Important Note
Negotiating with your lender does not stop your foreclosure case. Your court case continues while loss mitigation is pending. Kyle & Kyle Law handles both simultaneously so that your legal rights are protected while we pursue a modification on your behalf.
Why Kyle & Kyle Law
Kyle & Kyle Law has over 38 years of combined legal experience representing homeowners in foreclosure across Florida and Illinois. We understand the loss mitigation process and know how to present your file to give you the best chance of approval.
Call 24/7 877-595-3529 for a free consultation or contact us online. There is no need to handle this alone.