A mortgage modification may be rarer than Bigfoot frosted in unicorn dust. While there is no EASY way to get a mortgage modification, the less difficult way is to go through St. Johns Housing Partnership (SJHP).
SJHP is non-profit agency whose services are offered to the public regardless of income. They are sensitive to what their clients are going through, and they are knowledgeable and experienced negotiating with lenders on a loan modification that works for everybody. SJHP does a background check on their clients without waiting for the bank to do one. They get good results because they do the homework ahead of time. There is no way to predict how long a mortgage modification will take, but you have a better chance to a permanent solution with SJHP.
To learn more about St. Johns Housing Partnership, contact them at (904) 824-0902 (www.sjhp.org ). Mortgage modification is a very good idea in concept. St. Johns Housing Partnership may be able to make it a reality, giving relief to local homeowners by negotiating monthly payments they can afford.