Just in time for Christmas. An article in the Subprime Blogger reported that Citigroup is currently working very hard with their customers who have a mortgage through CitiMortgage.

The home loan modification process is something that is a designed to help homeowners stay in their home and avoid foreclosure. With foreclosure rates so high at the present time Citigroup has decided to suspend foreclosures for the rest of December and the beginning of January. You will not be getting a foreclosure notice over this holiday season so you can enjoy your Christmas. So maybe Santa will bring you a brand new shiny Loan Modification for 2010?

Citigroup and all other major lenders have seen great struggles over the last few year and they realize just how hard it is on common Americans. After going through one of the most difficult years in the history of personal finance many Americans will be willing to do almost anything to stay in their homes through the holiday season. Citigroup has realized this and they are willing to grant you an extra month of staying in your home and trying to figure out a way to avoid foreclosure.

To recap on what the Home Affordable Modification Program is; The home loan modification plan that was created by Pres. Obama is one of the ways in which you can stop foreclosure. By accessing the my website you are likely to find a great amount of information on how you can modify your current mortgage to a lower monthly payment. If you are struggling greatly to make your monthly mortgage payment, then you may benefit from the home loan modification process.

Please make sure to do your research before jumping into this process. Please understand that you will need to submit a great amount of documentation and paperwork for this process to be completed. I can explain to you in detail on what you will need to provide for loan modification based on your current situation. You can contact me by clicking the links below.

Loan modification is not a difficult process if you know what you are doing. But it can me a time consuming one, taking anywhere from 60 to 120 days depending on your lender.

Clink on the links to see how Loan Modification can help you and to contact me.