https://www.rapidpropertyconnect.com/tags/loan-modification/ Recent content in Loan modification on RPC Hugo -- gohugo.io en-us Thu, 17 Mar 2016 11:47:36 +0000 https://www.rapidpropertyconnect.com/facing-repossession-some-options-to-avoid-home-repossession/ Thu, 17 Mar 2016 11:47:36 +0000 https://www.rapidpropertyconnect.com/facing-repossession-some-options-to-avoid-home-repossession/ If you are facing a repossession, there may be options to negotiate a workout program with your bank. We normally refer this as loan restructuring. Though you may have already signed the loan offer letter, but when you are having problem with your monthly instalment, try to speak to your bank. At times, the banks are willing to restructure the loan for you. Having to repossess your home is the last thing the bank would do to recover any losses.