is there a difference between a refinance and a modification of a mortgage loan?

dena m asked: Please help me to understand the difference if there is one?Loan Modification vs Refinancing

My mortgage loan is going to go up next November. I do not think I can refinance, how can I do a modification?

Sandra D asked: I just found out that the loan that I refinance two years ago is a “ARM” loan. I do not think that I can refinance, because of the mortgage crisis. I have never been late. Somebody sugested doing a “modification” how can I do that. Do I need a broker or can [...]

I need a loan modification on a 30yr fixed?

JOEY L asked: I am two months behind on a my mortgage and i have loan mod companys calling wanting to charge me $3000 and promising drastic drop in my interest rate without refinancing. I dont have the money to pay them. please adviseLoan Modification