---
title: Loan Modification Case Results - LBPS
description: Read some of our LBPS loan modification case results
---

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# LBPS Mortgage Corporation

These results should not be taken as a guarantee, as each case is unique.  
   
 

# LBPS Loan Modification Case Results

*[Click here](https://legal.amerihopealliance.com/case-results?hsLang=en) to return to the list of all lenders.*

## LBPS - \[ID: #0001\]

*[(Click Here To View PDF)](https://www.amerihopealliance.com/images/pdf/lbps0001.pdf?hsLang=en)*

#### Before

The borrower had a past due amount of $16,268.98 with an escrow shortage of $850.45 and was in active foreclosure. He had a fixed interest rate of 6.875% and his monthly mortgage payments were $2,050.43 (PITI).

#### Trial Loan Modification

The borrower received a three month trial loan modification with a temporary interest rate of 2.00% and a reduced monthly mortgage payment of $967.20 (PITI). Foreclosure was stopped.

#### Final Loan Modification

Borrower was granted a final loan modification with the new monthly mortgage payment of $967.20 (PITI)– a monthly savings of $1,083.23. His interest rate was reduced to 2.00% for the first 5 years and will be increased by 1.00% for three years thereafter, until it reaches 5.00%. At that time the interest rate will remain fixed for the life of the loan.

## LBPS - \[ID: #0002\]

*[(Click Here To View PDF)](https://www.amerihopealliance.com/images/pdf/lbps0002.pdf?hsLang=en)*

#### Before

This LBPS loan was 12 payments past due owing over $20,000.00 and the property was in foreclosure. Monthly mortgage payments were $1,386.62.

#### After

The loan was permanently modified, foreclosure is stopped, and the borrower has a fresh start with a new, affordable mortgage payment. New monthly mortgage payments are $1,003.16 PITI. The new interest rate is 2% for the first 5 years, 3% for the 6th year, 4% for the 7th year, 5% for the 8th year, and then a 5.125% fixed interest rate for the life of the loan.

![LBPS.png](https://legal.amerihopealliance.com/hs-fs/hubfs/images/servicer_logos/LBPS.png?width=307&name=LBPS.png "LBPS.png")

### Recent Loan Modification News

[![Download the free guide to applying for a loan modification.](https://no-cache.hubspot.com/cta/default/161513/7f427dc3-cfa7-4796-9b6b-bb943e56683a.png)](https://cta-redirect.hubspot.com/cta/redirect/161513/7f427dc3-cfa7-4796-9b6b-bb943e56683a)

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