Mortgage Modification

Supportive Idaho Mortgage Modification Lawyers Give You Hope

Assisting homeowners in Boise and throughout Idaho with their mortgage payments

Currently, there are millions of homeowners trapped in adjustable-rate mortgages who are unable to refinance. Many homeowners have also watched their property values plummet, leaving them with an upside-down mortgage. If you are behind on your loan payments, you might qualify for help in reducing your payments.

How do mortgage modifications work?

Mortgage modifications are primarily arranged under the federally legislated Home Affordable Modification Program (HAMP). The majority of loan servicers participate in HAMP, and if yours does, we can assist you with the complex, tedious and often intimidating process of applying for a modification. Mortgage modifications can allow you to make lower principal payments and obtain a lower interest rate. A mortgage modification can improve your finances on a monthly basis and help you avoid bankruptcy.

Martelle & Associates, P.A. assists with mortgage modifications and foreclosure alternatives for homeowners unable to continue making their full monthly mortgage payments. If you’re facing bankruptcy in Boise, Idaho, we can discuss getting your house payments decreased to ease your financial burdens. Our comprehensive experience in Chapter 7 and Chapter 13 bankruptcies lets us manage all aspects of a client’s situation, including mortgage obligations.

Other ways we can help you

If your servicer is not a HAMP participant, it may offer its own modification programs or foreclosure alternatives. We can help you choose which option or options make the most sense for your specific situation and assist you throughout the entire process, including submission, approval of temporary payments and finalization.

If you have already been offered a modification by your lender and are curious if you should participate, we can answer all your questions and ensure that you are getting the best modification possible. If you have been denied a HAMP or other modification, we can appeal most denials and assist with reversing the initial decision.

Our firm also has considerable experience in other types of foreclosure prevention and foreclosure defenses. We can identify problems with the lender’s foreclosure procedures, such as failure to provide proper notice to the correct parties within the allotted time. We can also argue that a lender has committed mortgage service abuse by failing to apply payments correctly, charging unauthorized fees, engaging in coercive collection practices or performing other improper actions. In some circumstances, we may even be able to challenge their unfair lending practices in court.

Get in touch with a knowledgeable Boise mortgage modification lawyer or IDAHO BANKRUPTCY ATTORNEY

Without securing competent legal advice, you run the risk of letting lenders dictate the terms of your modification. You don’t have to negotiate your new mortgage alone. Call Martelle & Associates, P.A. at 208-938-8500 for a free, no-obligation consultation. We serve clients throughout the state of Idaho, including Boise, Eagle, Idaho Falls, Pocatello, North Idaho, Twin Falls, Meridian, Nampa and Caldwell, as well as Malheur County, Oregon.