Loan Modification

Loan Modification Benefits

  • No up front fees
  • No Obligation
  • Free Analysis
  • Free Consultation
  • Risk-free
  • Money Back Guarantee
  • 100% Privacy & Confidential
  • Save Your Home, Act Now!

You may be able to:

  • Lower Interest Rate
  • Reduce Principal Balance
  • Get Current on Monthly Payments
  • Turn Adjustable into a Fixed Rates
  • Stop Foreclosure

Behind on your Mortgage payments? Save your home today!

Our team of loan modification experts know your rights and will fight for you to save your home. Act NOW!

A Loan Modification provides the ability to change the terms on a current mortgage, with the goal of making payments on existing mortgages more affordable. Meanwhile, helping to prevent unnecessary home foreclosures. Generally a loan modification will lower your existing mortgage rate and allow you to change your rate type from an adjustable rate to a fixed rate, so as a homeowner, you can buffer yourself from the rate fluctuations in the market place.

Distressed Mortgage? The Obama administration has implemented a housing fix that will make it easier to modify existing mortgage loans. Now is the time to make those changes to your loan to avoid foreclosure or repossessions. Put the loan experts to work for you. We work with your lender to modify your existing loan negotiating a win/win situation where lenders get their payments and you get an equitable restructuring of the existing loan. These changes will enable you to stay in your home during these unprecedented economic challenges of our time. Past due loans will adversely affect your credit score and rating. Act now, while lenders are open to negotiations and funding is still available.

Loan Modification is arguably the most effective tool you can use if you are behind on your mortgage and been impacted by a financial hardship to save your home from entering foreclosure. With a loan modification, the mortgage loan is restructured so that it is affordable and can fit within your budget. Get Professional Help Now!

We can help negotiate a successful mortgage loan modification on your behalf with your bank or loan servicer and save your house.

We also provide you with up-to-date and accurate information and loan modification advice so you can make the right decision. Here are some questions you will find answers to: What is a home loan modification? Do I qualify? What are loan modification requirements ?

A Loan Modification is when a lender agrees to modify any or some of the terms of the mortgage, making it more affordable for you.

These changes may include: 1) Reducing or modifying the interest rate 2) Extending the term of the loan 2) Changing the monthly payments 4) Combining any of the above

Other solutions to avoid foreclosure and KEEP YOU IN YOUR HOME include:

Reinstatement: Occurs when the property owner pays off the amount in default to bring the loan payments current in order to stop the foreclosure process and return to the original terms of a loan. After identifying that a reinstatement is the best and most feasible foreclosure alternative, Loan Modification Rescue will work with you to determine how best to produce the funds.

Repayment Plan: This foreclosure option lets you repay part of your delinquency each month, in addition to your regular monthly payment. A repayment plan is the perfect option for someone that experienced momentary financial hardship, but is now back on their feet. Loan Modification Rescue will negotiate with your lender to spread the past-due amount over a specified period of time.

Forbearance: In order to stay in your home, a lender will agree to delay or reduce payments for a short period of time, with the understanding that another option will be used to bring your balance current. Loan Modification Rescue will negotiate to get you the time you need to determine the best solution for you and, in many cases, will succeed in combining a Forbearance Agreement with a Reinstatement or Repayment Plan.

Loan Modification Process

Loan Modification Rescue is a consumer website with a misson to help troubled homeowners from foreclosure. Loan modification is a complicated and stressful undertaking for the average homeowner. That is why our team of Loan Modification Experts are so effective in most loan modifications. We have successfully negotiated thousands of loan modification scenarios with all major banks. Depending on your specific situation (e.g. your mortgage lender , your mortgage history, your hardship, and any other unique situation you might be in), there is a loan modification program that may help you avoid foreclosure.

The Process

The process is simple. First, you begin by filling out the short form on this site with very basic information. Your case is then immediately routed to a Professional Loan Modification Expert who will be contacting you shortly to provide a free, risk-free, professional and valuable loan modification consultation. After the consultation, if your case seems doable, you will then be asked to fill out a more thorough application about your current financial situation. After you have sent this documentation back to us, you can sit back, relax and let our team of loan professionals go to work. Our goal is to make this as easy for you as possible.

Your to-do list

To get the process rolling, you will be asked to provide the following required supporting documents:

Hardship Letter – Include dates, reason for delinquency, what you have done to attempt to workout problem in the past; also include any supporting documents for hardship. The short and straightforward letter must be in your own words either handwritten or typed and dated and signed by you.

  • Bank Statements – Last two (2) months.
  • Proof of Wages and Salary – Employed – Pay stubs for last two (2) months ; Self-employed – 1040s for the last two (2) years.
  • Federal Tax Returns – First and second pages (W2s) from the last two (2) years.
  • Rental Agreement – If the loan modification is not for your primary residence.

Next steps

Your Professional Loan Modification Expert will work with your lender, exploring options that will provide a satisfactory conclusion for all parties involved. In many cases, we’ll have an answer within 30-45 days, and many times sooner. While we negotiate a solution, you can relax and focus on more important tasks, such as work and family.

And remember, if your lender denies your loan modification application, there is no cost to you!