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LOAN MODIFICATION
The terms of a home
loan can be modified, creating a solution for both the owner and the
lender. The loan is adjusted so that the homeowner is able to make
their payments without any refinancing. Modifications may extend the
payment term, reduce interest payments or reduce the principal on the
note among other options. This means that if the client is behind on or
struggling to make their mortgage payments the lender may modify the
loan. With the assistance of Venture's affiliated legal networks and
Ventures top tier solution providers, the client will have an advocate
on their side to help them find the best resolution possible.
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