If you’re looking for better mortgage terms, loan modification and refinance can be viable options to improve your financial health. Financial struggles can happen to anyone, but homeowners have ...

A mortgage loan modification is a permanent change to your ... You may be required to do credit counseling or go through a trial payment period successfully before the modification is made permanent.

Unlike a loan modification, a refinance comes with hefty closing costs. A refinance is something you choose to do — if you don’t refi, you might miss out on savings, but you won’t lose your ...