According to the records of the US Treasury, loan modification programs becomes the conventional way of saving the at risk properties of foreclosure. The requirements needed and the type of loan modification that suits your financial status depends on your lenders discretion or on your mortgage modification adviser.

There are many providers of loan modification however it is very important that you are working with the legal and licensed providers. Hence, we have here short listings of the leading mortgage modification companies you can refer to in case you need their help.

1)Treasury Loan Modification Program
This is a government modification provider created under the Obama administration. They offer modification not only to borrowers who are facing financial hardships but also to good payers who are at risk of facing financial hardship in the future due to the alleviating economic crisis worldwide.

2)IndyMac Federal Bank mortgage Modification Provider
Indymac is one of the most reliable and trusted financial institution that offers loan modification program.

3)Federal Housing Finance Agency
This agency offers most of the recent mortgage modification programs to qualified borrowers. They have various services like reduction on the interest and principal reduction, and term of payment extension. They also have the affordable home loan modification for homeowners facing the risk of foreclosure process.

There are also private lending institutions offering mortgage modification programs. Among them are:
1)Fannie Mae and Freddie Mac
This private lending institution is closely monitored by the Federal Housing Finance Agency and is known for providing borrower-friendly and affordable services.

2)Citigroup mortgage modification Services
They have offices all over America and are known for good and fair service to their borrowers.

3)JP Morgan Chase’s Modification
They also have various loan modification programs that surely help borrowers recover from the financial difficulty they are into.

These are just some of the modification providers that can help us and are surely legal and licensed. In availing modification always see to it that we benefit from the program and that the restructured loan computations is favorable to the part of the borrower and not on the lender.