Every day we get calls from homeowners looking for guidance regarding a potential home loan modification. These homeowners are frustrated, angry, confused, and unsure on what they actually need to do. They blame their bank, the government, President Obama, and anyone else they feel is responsible for their plight.
That being said, the conversation usually goes [...]
Most industry experts spend so much time telling homeowners how to get their loan modified, they don’t tell homeowners what to do when their application eventually gets denied by their mortgage lender. Unfortunately, about 80% of all applications get denied so it is obviously a large amount of homeowners that are getting overlooked.
These homeowners assume their situation is hopeless [...]
We’ve all heard horror stories about homeowners who have paid thousands of dollars up front to a loan modification company that not only could not modify their loan but could never be reached again. Basically, the loan modification company took the money and ran. Unfortunately it has been a common occurrence as homeowners are desperate to do [...]
Everyone has read about loan modification companies who charge you upfront fees to do your loan modification and then they never hear from that company again. Unfortunately this is becoming a common predicament for homeowners who are desperate to save their home. A lot of our clients come to us after having aid thousands of [...]
Over the last month I spent a lot of time talking to homeowners specifically discussing President Obama’s modification plan. Most homeowners held out great hope that this plan would help them finally get out of their financial mess and possibly save their home if they were in danger of losing their home in foreclosure.
Well the [...]
I talk to homeowners daily about their mortgage situation. Some homeowners have questions on the home loan modification process, foreclosure, and many other topics. In the last week, a lot of the homeowners that call our company want to know if they should modify their loan now or wait until President Obama comes out with [...]
If your reading this post, you probably know that President Obama introduced a new plan yesterday addressing the housing crisis. There are many pieces to his plan, including loan modifications and refinancing properties that lost value, which target both mortgage lenders, investors, and homeowners.
The article below from yesterday’s edition of the L.A. Times covers the details of [...]
Well, it looks like the latest stimulus plan will be officially passed any day now. Although I’m not sure that they are aware of it, taxpayers have already paid $250-billion towards the previously passed stimulous plan.
Here is an article breaking down where the funds will most likely be allocated:
http://www.cnn.com/2009/POLITICS/02/09/obama.news.conference/index.html
Now if your a homeowner struggling with [...]
Yes, that’s right, getting a loan modification approved is a team effort. Typically, I get a call from one of the heads of a household inquiring about a loan modification. They ask all of the questions and give information as to the hardship that led to their financial stress. This individual lets me know that they [...]
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 [...]
