Summary: Many borrowers find it difficult to make their monthly mortgage payments because of financial hardships. Loan modification is the answer. All you need to do is follow these tips and tricks***.*** Keeping up with your monthly mortgage payments could be a tough job, especially when things don’t go as expected. There may be times when you may lose one of your sources of income or you meet with an emergency that requires you to spend a lot of money. If such situations are temporary you could benefit by asking for a loan modification that will either lower your interest rate or extend the term of your loan. You will still be making your monthly mortgage payments; but they would be a lot more affordable. Not every loan modification application receives the approval of the lenders. Since lenders are in no way obligated to modify loans, it could be a tough job trying to convince them. Nevertheless, here are a few tips and tricks that can take you towards mortgage modification suc...