lf? Making less income? Behind on payments? Facing foreclosure? You may qualify for the new government program which may decrease the principal on your loan and lower your monthly payments! In March 2009, the Obama Administration announced a new Homeowner Stability Initiative designed to reduce foreclosures and keep people in their homes. Know your rights. Most banks are required to abide by these new Federal Guidelines! As industry experts in foreclosures for the last 6 years, we negotiate with banks to get Loan Modifications done, when possible, to help people in your situation stay in their home. We understand the situation you are facing. Don't go at it alone. Let us help. Should I do this myself? You can try to do it on your own. Keep in mind he bank is not your friend. Most people can’t negotiate the best loan, so they need someone who understands their rights and the process of loan modification. Congress recently passed laws that give consumers special rights to help them modify their loan. Our network of Negotiators work for you. They are pre-screened 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! Why will the bank agree to my loan modification? The bank does not want your house, a lot of the time’s it costs them more to foreclose than to renegotiate the terms of the loan . Nothing will please the bank more than finding a way for you stay in your home. Our network of negotiators completely understand the process needed to prepare your application for a modification. They have modified thousands of loans with all of the major and minor banks. Their history with the bank will quickly stabilize your situation and help your family through the paperwork intensive process. Our network of negotiators will professionally prepare the applications and letters, which makes the banks modification staff better understand your situation when they receive your application. Why would a short sale be preferrable to a lender than foreclosing on the subject property? Foreclosure is an expensive process for a lender. Banks are in the business of making loans, in general they don’t want to possess the property. You also must remember that not only is foreclosure a long and ardous process for the bank but it also costs money. If the lender goes through the enitire foreclosure process singnificant costs will accure including posting the notice of foreclosure and advertising the foreclosure sale. What happens to the property if the lender goes through the entire foreclosure process and no one bids on the property? If no sale occurs the lender will have to pay not only the advertising and notice fees but they will also be responsible for attorneys fees, trustee’s fees, and title insurance. The lender will then be forced to possess the property which will require them to pay for repairs, maintenance, hazard insurance, and property taxes. Furthermore the lender will have to sell the property which will require them to pay not only real estate commisions but also closing costs. What is a Loss Mitigation Department? This is the lenders department to oversee delinquency of loans prior to foreclosure. 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, 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? Fill out our quick application above and you will be contacted at no cost to find out if you qualify. Our network of experienced negotiators are working with lenders, which means they 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. They only do loan modifications. Nothing else! they 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. 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 network of loan negotiators are trained to deal will all types of loans and lenders. They 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? If you believe you face the threat of foreclosure respond 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 fill out our form today!