A loan modification is a permanent change to a loan contract agreed to by both the lender and the borrower. The lender modifies an existing loan in an effort to help the homeowner in a time of documentable hardship. The ultimate goal is to make the loan affordable for the long term. Usually loan modifications come in the form of a rate reductions and fixing the interest rate for a certain period of time.

Every case is unique. Every lender have their own Guidelines.

To know if you are a qualified candidate, please contact PFRI at (951) 760-0997 for a free pre-assessment or fill out this
 Short Form.