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Borrowers Direct Mortgage Corporation is a full service Mortgage Broker offering a wide variety of Mortgage Loan Programs to fit almost every customer's needs. We offer Conventional, Jumbo, and Non-Conforming Mortgage Loans. Our reputation has been built on recommendations from satisfied customers. |
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We understand that whether you are buying your first home or refinancing your existing mortgage, a Home Mortgage Loan is probably the largest financial investment decision most people will make in a lifetime. We have helped many families and individuals realize the dream of home ownership. Our friendly and knowledgeable staff of mortgage professionals will help make the mortgage process, from application to closing, as quick and hassle free as possible. We work hard to make sure that our customers get the right loan at the best rate available. |
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A large number of clients will find themselves using a Loan Modification Plan to stop foreclosure. If you can currently make your regular payment, but you can't catch up with the past-due amount, we will negotiate with your lender to fold any past-due amounts, including interest and escrow, into the unpaid principal balance. This new amount will be re-amortized over a new period of time.
Or, if you are unable to make payments at this rate, we will negotiate with your lender to extend your loan for a longer period of time, modifying the loan amount to a more affordable level.
A Loan Modification will change your existing mortgage note and give you a fresh new start in managing your home. Your account will be brought up to date immediately.
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