Zillow Advice RSS: Question-Discussion-Guide,Loan Modifications,RI http://www.zillow.com/advice/RI/mortgage-loan-modifications/question-discussion-guide/mortgage/?s=0 Zillow Advice search results | Zillow Real Estate Is there a way for me to modify my current mortgage? http://www.zillow.com/advice-thread/Is-there-a-way-for-me-to-modify-my-current-mortgage/357253/ <p>I am currently upside down on my current mortgage (much like everyone else). I owe roughly $185k and the home's value is $155k (and declining daily it seems). I have been looking to sell and move into a larger home for the last 1.5 years, but cannot afford to pay the $30k to get out of the loan + realtor fees, + down payment on a new home + closing costs, etc. I have excellent credit, little to no debt (other than my home), and have no issues&nbsp;paying/affording my mortgage. My current loan is not owned by Freddie Mac or Fannie Mae. Is there any way that I can modify my mortgage to reduce what I owe down to current market value?</p><br \><br \>4 replies Sat, 10 Jul 2010 13:56:00 GMT http://www.zillow.com/advice-thread/Is-there-a-way-for-me-to-modify-my-current-mortgage/357253/ 2010-07-10T13:56:00Z Im in a loan modification which was higher than my trial. I paid $10,000.00 in trial payments and t http://www.zillow.com/advice-thread/Im-in-a-loan-modification-which-was-higher-than-my-trial-I-paid-10-000-00-in-trial-payments-and-t/417944/ Good Evening Mr Banks,<br/><br/>I wish I could answer your question about the extra money added to your <a href="http://www.zillow.com/mortgage-rates/">loan</a>. &nbsp;Unfortunately I am not a <a href="http://www.zillow.com/directory/lenders/">mortgage broker</a> nor a <a href="http://www.zillow.com">real estate</a> attorney. &nbsp;I could give you names of both to try and explain your current situation with your bank. &nbsp;It is very unfortunate that the bank has done this to you and I am hopeful you get some answers real soon! &nbsp;Best of luck to you!<br/><br/>Have a fabulous evening!<br/><br/>Erin Diaz, Broker - Owner<br/>Beaches &amp; Backroads Realty<br \><br \>0 replies Mon, 14 Nov 2011 01:28:00 GMT http://www.zillow.com/advice-thread/Im-in-a-loan-modification-which-was-higher-than-my-trial-I-paid-10-000-00-in-trial-payments-and-t/417944/ 2011-11-14T01:28:00Z my wife wants her name off the mortgage loan... http://www.zillow.com/advice-thread/my-wife-wants-her-name-off-the-mortgage-loan/233349/ i can't ref. because my income alone wouldn't cover the <a href="http://www.zillow.com/mortgage/">loan</a> payments....she wants a divorve , we have no kids, she just wants out!&nbsp; how can i do this process..<br \><br \>3 replies Sun, 10 May 2009 16:47:00 GMT http://www.zillow.com/advice-thread/my-wife-wants-her-name-off-the-mortgage-loan/233349/ 2009-05-10T16:47:00Z