Call Us
Main Simi Valley Location

Loan Modification Services

Our Loan Modification Services

What is Loan Modification?

Loan modification is a process that allows homeowners to negotiate with their mortgage lenders to modify the terms of their existing loans. This can include a reduction in interest rates, changes to the loan term, or even principal forbearance.

How We Can Help

At the Law Offices of Steven A. Wolvek, we understand the challenges you may face in maintaining your mortgage payments. We can guide homeowners through the loan modification process, providing personalized solutions tailored to your unique circumstances.

Our services include:

  • Thorough analysis of your financial situation
  • Expert negotiation with lenders on your behalf
  • Preparation and submission of necessary documentation
  • Ongoing communication with lenders throughout the process

Documents Required for Loan Modification

To initiate the loan modification process, in addition to our questionnaire we will complete together, you will need to provide the following documents:

  1. Financial Hardship Letter:

    • A detailed explanation of your financial hardship, including any circumstances that have affected your ability to make mortgage payments.
  2. Proof of Income:

    • Recent pay stubs
    • Tax returns for the past two years
    • Bank statements
  3. Monthly Expenses:

    • A detailed list of your monthly expenses, including utilities, insurance, and other relevant costs.
  4. Loan Information:

    • Current mortgage statement
    • Original loan documents
    • Property valuation documents
  5. Additional Documentation:

    • Any additional documentation that supports your case, such as medical bills, job loss notices, or divorce decrees.

Why Choose the Law Offices of Steven A. Wolvek for Loan Modification?

  • Expertise: We have 33 years of experience in helping California homeowners facing foreclosure. Our loan modification services are free unless and until we are successful in obtaining for you a loan modification you feel is in your best interest. You pay only after we successfully complete this process.

  • Personalized Approach: We understand that each client’s situation is unique. Our approach is tailored to meet your specific needs and challenges.

  • Communication: We prioritize clear and consistent communication throughout the entire process, keeping you informed every step of the way.

  • We offer other alternatives if a loan modification is not available for you to consider.

Contact Us Today

Click on the “Schedule Now” tab and talk to us today. Your free, no obligation consultation will be with Mr. Wolvek personally – not other staff, paralegals or someone inexperienced in helping you find the solution to your particular situation.