FAQ's

What is a loan modification?

A Loan Modification is a way to renegotiate your current mortgage allowing you to maintain or repair your credit. Many aspects of your mortgage can be changed to your benefit, including the term of the loan, interest rate, balance of principle and monthly payments. It's even possible to have late fees waived. There are many opportunities opened through loan modification and each home owner's situation is unique. A large number of homeowners will use loan modification to prevent foreclosure on their home. For anyone who is unable to make their monthly payments, or is in danger of being buried under a past-due balance, our skilled negotiators will contact your lender on your behalf to renegotiate the terms of your loan. We can help save your home and your credit.

Should I try to do this myself?

No. If you have a claim with an insurance company you will be treated much better with a public adjuster pushing the insurance company to treat you fairly. A public adjuster works for you, not the insurance company. Loan modification is the same situation. The bank is not your friend. You need someone who understands your rights and the process of loan modification. Congress recently passed laws that give you special rights to help you modify your loan. We work for you. We are your advocate throughout the process. Possibly the most important reason you should work with us is the fact that all families who are candidates for loan modification are experiencing very difficult times. Extremely high levels of stress cause sadness and confusion. You need an advocate who understands how difficult it is for you and your family to weather such a storm. We understand. We care. We will help you. We guarantee it! Just call. We will help you.

Why will the bank agree to my loan modification?

The bank does not want your house. Nothing will please the bank more than finding a way for you stay in your home. We completely understand the process needed to prepare your application for a modification. Our processors have modified thousands of loans with all of the major and minor banks. Our history with the bank will quickly stabilize your situation and shepherd your family through the paperwork intensive process. Our applications are professionally prepared which makes the banks modification staff breathes easier when they receive your application.

What is predatory lending?

Predatory lending is a term used broadly to refer to various illegal and immoral activities many lenders engage in. These practices are a major cause of foreclosures, poor credit and unmanageable financial burdens. Our trained personnel are skilled at spotting predatory practices in your loans and using this to your advantage when negotiating on your behalf.

Is it too late to save my home?

No, just call. If your home hasn't been sold yet then there's still hope. Contact us immediately. Start the process to save your home now.

I've already tried negotiating on my own without much success.

What more can you do?

Call us and speak to one of our experts. Our experience working with lenders means we know who to talk to and what to say in order to cut through red tape and get results that are unlikely for an individual to achieve. We only do loan modifications. Nothing else! We are professionals.

I'm currently in bankruptcy proceedings, can you help? Definitely! While it is not possible to renegotiate your mortgage until it has been dismissed from bankruptcy proceedings we'd still be happy to provide our expert advice on what options are best for you. Once your mortgage is out of bankruptcy we can then supply the full range of our services to assist you.

What kind of loan can be modified?

Almost any loan can be modified. Our knowledgeable staff is trained to deal will all types of loans and lenders. We can help you prevent foreclosure on any type of home loan including Arm, 80/20 HELOC, FHA, Rural Administration, VA, Freddie Mac, Fannie Mae, conventional, and the rest.

What's the best way for me to stop foreclosure?

Call us. If you believe you face the threat of foreclosure call us immediately. Our processing staff will give you immediate attention to protect your home and family. We give your case personal attention by taking into account your current and past financial situation to find the choice that works for you. Our goal is to prevent foreclosure. We strive to give you more than a quick fix; you'll get a lasting solution to your unique circumstances so you never have to face foreclosure again.

How long does foreclosure take?

After you are 90 days past due your lender normally issues a NOD (Notice of Default). Shortly after you receive this notice they will begin the legal process of foreclosure within the court system. Every state has different foreclosure procedures which must be strictly adhered too. If no steps are taken to prevent the foreclosure of your home then it will eventually be sold at auction. Do not wait call us.