Affordable Loan Modification
A loan modification can help you:
- Reduce Your Mortgage Payments
- Postpone Past Due Payments
- Reduce Principle And Interest
- Stop Foreclosure
Step 1:Pre-Qualification Assessment
There Is No Charge To You For Our Pre-Qualification Assessment. When initiating a loan modification you should know what to expect and the probability that you will qualify for a loan modification with your lender. Your initial assessment will be conducted by a professional loss mitigation underwriter. Upon application we will contact you and schedule a time for your assessment review. If you meet our general guidelines for loan modification qualification you may choose to proceed. If you do not meet our guidelines then we will discuss other options that may be more beneficial to you depending on your situation.
Step 2: Complete Your Information Packet
Your Packet Can Usually Be Completed In About An Hour If All The Necessary Documents Are At Hand. If we both agree that a loan modification request to your lender would be a benefit to you we will send you an information packet that will guide you through the process of collecting the information that your lender will require to consider your application. Your information packet can be mailed, faxed, or emailed to you.
Step 3: Proposal Construction
When we receive your completed information packet we will assign your case to our underwriting department. Our loss mitigation specialist will then review, verify, and assimilate your information into a professional loan modification proposal that meets your lender's guidelines. Your proposal will be in a format that lenders accept and understand.
Step 4: Proposal Submission
We will forward your proposal to your mortgage lender and verify that it has been received by their loss mitigation department. You will also receive a copy of your proposal with our Frequently Asked Questions Guide to assist you when you speaking with your lender about the terms of your modification.
Our Full Service Option Is Also Available
In some situations our clients feel that further assistance is necessary. We also offer a full service option for clients that do not wish to communicate directly with their lender or feel that their time is better spent elsewhere. For more information about our $395.00 Co-Op Plan or our Full Service Option please complete the information request form below or call (888)790-4276.
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