You can apply for a Tier 1 (Investor) visa if: 1  you want to invest Â£2,000,000 or more in the UK. 2  youâre from outside the European Economic Area (EEA) and Switzerland. 3  you meet the other eligibility requirements.
A mortgage loan modification is an arrangement that reduces a borrower's mortgage obligations during a time of financial difficulty. It's intended to make it easier for the borrower to keep up with their loan payments and avoid losing their home to foreclosure. Approval can be difficult to obtain.
DEFINITION of 'Loan Modification'. A modification to an existing loan made by a lender in response to a borrower's long-term inability to repay the loan.Loan modifications typically involve a reduction in the interest rate on the loan, an extension of the length of the term of the loan, a different type of loan or any combination of the three. loan modification agreement is different from a forbearance agreement. A forbearance agreement provides short-term relief for borrowers who have temporary financial problems, while a loan modification agreement is a long-term solution for borrowers who will never be able to repay an existing loan.