How to Handle Your Home Loan Modification..

We receive dozens of questions daily from homeowners in regard to loan modifications.

If you’re having hard time making your payments, we can help you. Even if you’re in jeopardy of losing your home, we can help you.
 
Our loan relief program offers a loan modification process that allows homeowners and lenders to change the terms of a loan in order to help the borrower. A loan modification is not a new loan. It is the renegotiation – or loan restructuring – of an existing mortgage. A home loan modification allows you to receive a lower your payment without the hassle of a refinance since most homeowners do not qualify for a refinance these days. We offer a Free Evaluation and we never charge any fees until your home loan modification is aproved by your lender. Our fee is $1900. We are very up front about what we do so there is never any confusion. You do not pay any fee until your lender approves your home loan modification.
 
This home loan modification program is open to homeowners behind on their mortgage, those with a low credit score, change in income or financial situation, no equity in their home to refinance, birth of a child that reduces spending money, and many more reasons where a loan modification is often the only option available because homeowners are unable to get approved for a refinance loan.

 
A loan modification can be done in several ways or combination of ways listed below:
 
• the loan’s interest rate may be decreased
• the interest rate could be changed from an adjustable to a fixed rate
• the period of time the borrower has to pay the loan back can be lengthened
• the type of loan could be changed altogether
  
Many borrowers are missing payments or even facing foreclosure because their interest only or variable rate loan interest terms have sky rocketed beyond what they could have imagined. A loan restructuring is an agreeable way for both the lender and the borrower to avoid the cost and hassle of the foreclosure process without increasing damage to your credit. Lenders do not want to take homes back and they would prefer to modify your loans. However, they canot help you if you do not reach out to them.
 
If you take a few minutes to complete the online application, we’ll analyze your situation and determine what is the best option. If you would prefer no to do this, that is fine. Give us a call or give your lender a call to let them know your having a hard time. Whatever you do, don’t wait to take action.

Lenders are more open to helping homeowners who are trying to help themselves as well. If you want to discuss your situation or if you have questions on how the process works, you can call us. If you are having a tough time making payments and you call your lender, don’t let them force you into making a payment. If you are calling your lender to get your questions answered, ask your questions and get them answered. When you hang up with your lender, re-evaluate your situation and determine how you want to proceed. While we know that you are going through a tough time, do your best to think clearly and determine how you want to try to resolve your mortgage hardship. It’s not easy so don’t try to do it alone. You can talk to your lender and there is tons of information available to assist you.