This website is not affiliated with any government organization or program.
Need Help Now? Call 888-563-7235

Get A Principal Reduction

Is your mortgage underwater? Consider asking your lender for a principal reduction. Principal reduction is a process whereby your loan modification professional assists in negotiating down the total amount of the principal that you owe on the loan. Typically, when your principal balance is lowered, you're able to reduce your mortgage payment as well. Principal reduction is very difficult to achieve as lenders typically show zero or very little interest in performing a principal reduction. Often, a lender will even avoid mentioning principal reduction as a viable option! Therefore it is very important for you to work with a qualified principal reduction specialist who thoroughly understands the difficult situation you are in.

Benefits of a Principal Reduction

A principal reduction may:

  • Adjust loan principal to reflect current value of the property
  • Reduce interest rate reduced to current market rates
  • Lower your monthly mortgage payment

Start Now!

Enter your information to the right and to connect you with counselors that can discuss your options for a principal reduction or loan modification. Do it now and start the process to save your home by reducing your mortgage payments.

Find Help in
Your Area
Enter Your Zip Code:
© 2010 The Wisdom Companies

Privacy Policy

The information and notices contained on this website are intended as general research and information and are expressly not intended, and should not be regarded, as financial or legal advice. We attempt to ensure that the material contained on the web-site is accurate and complete at the date first published, however you should recognize that information contained on this web-site may become out of date over time. Readers who have particular questions real estate financing or foreclosure, or who believe they require legal counsel, should seek the advice of an attorney. By submitting this contact request, you are consenting to be contacted by foreclosure consultants by telephone or email, even if you have previously listed yourself on any state or federal Do-Not-Call List. Please note that Wisdom may receive compensation from the foreclosure consultants for that introduction.

IMPORTANT NOTICE: is not a mortgage assistance relief service or mortgage lender, and does not do refinances. is not a government sponsored website. matches consumers with companies that may offer foreclosure prevention services. Lenders may not agree to change a consumer's loan. To access information on government sponsored assistance, please visit

* The 2% interest rate is based on the lowest interest rate available via the government's HAMP program. To learn more, please visit