Loan Modification Signing Agent in North Carolina

It depends on the lender and the type of modification. Some loan modification agreements require notarization — particularly those that are recorded with the county register of deeds, such as modifications that change the terms of the underlying Deed of Trust. Others only require your witnessed signature. Aldora reviews the documents when they arrive and notarizes any page that requires it. If you are unsure whether your modification requires a notary, your lender or servicer can confirm this before the appointment.

This is a question for your lender or a financial advisor — not something Aldora can advise on, as it falls outside the scope of notarial services. Generally speaking, the impact on your credit depends on how your lender reports the modification to the credit bureaus and whether you were delinquent before the modification was approved. We recommend speaking directly with your loan servicer or a HUD-approved housing counselor for guidance specific to your situation.

A refinance pays off your existing loan and replaces it with a brand new one — often from a different lender and with new terms, closing costs, and a new Deed of Trust. A loan modification changes the terms of your existing loan without replacing it. There is no new loan, no title search, and typically no closing costs involved. Loan modifications are generally used when a homeowner does not qualify for a traditional refinance, often due to financial hardship or being underwater on the home's value.