The federal government sponsors a program known as HAMP, which is designed to assist homeowners in getting help with their loan payments so they are more affordable. The qualifications for getting a loan modification vary depending on the specific lender you are dealing with. Most people who have mortgaged commercial or residential real estate can qualify, but first we will need to figure out what standards your servicer has set forth. Luckily, our lawyer has plenty of experience getting loans modified. To prevent a foreclosure, see if you qualify right away.