FAQs

1. Is AboutYourMortgage.com a Mortgage Loan Modification company?

2. Why is it better to use AboutYourMortgage.com versus contacting my Mortgage Lender myself if I already know who my Mortgage Lender is?

3. What is a Mortgage Modification and who is eligible?

4. What is the difference between a mortgage refinance and a mortgage modification?

5. I have never heard the term “loan modification” until recently, why is it so popular now?

6. Are solicitations for mortgage modifications scams?

7. Do I need to be behind on my mortgage loan payments before my Mortgage Lender will talk to me?

8. Can I avoid foreclosure?

9. Can I modify my loan if I am currently in foreclosure?

10. Can I lower my mortgage rate if I owe more than my house is worth?

11. Can I modify a mortgage loan on an investment property or second/vacation home?

12. What if my property is a Condo, Co-op, manufactured home, condotel, or 2-4 unit property?

13. What should I expect when my Mortgage Lender contacts me?

14. What should I say, or not say to my Mortgage Lender?

15. Is AYM a non-profit company/organization?

16. What are my fees for using AboutYourMortgage.com?