Approaching Your Lender About a Loan Modification

Approaching Your Lender About a Loan Modification

Once you have taken a good hard look at your financial picture, and have figured out that you need help with your mortgage, it’s time to take some action!
Here are some basic steps to getting your lender to agree to a mortgage modification:

Step # 1: Be Pro-active
The best time to approach your lender for help [...]

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Lender Telephone Lookup Software

Lender Telephone Lookup Software

Custom Software That Lets You Look Up The Telephone Numbers Of All The Major US Lenders
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How to Negotiate a Loan Modification With Your Lender

How to Negotiate a Loan Modification With Your Lender

It can be hard to face your mortgage company to ask for help. It can even be harder to negotiate a loan modification you can both live with. While it may seem at times as if your lender is playing hardball (and they probably are) remember, they are doing you a favor by even considering [...]

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The Top 10 Questions About Loan Modification Homeowners Have

The Top 10 Questions About Loan Modification Homeowners Have

Since 2006 when the real estate bubble burst, millions of homes were foreclosed, and many more are on the brink. With the recession considered to be the worst since the great depression, honest people lost their jobs and the ability to pay their mortgages. Many have discovered that a loan modification is an optimal choice [...]

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The Loan Modification Time Line

The Loan Modification Time Line

Once you have contacted your lender regarding a loan modification, the process can go fairly quickly. Here’s a basic rundown of the mortgage modification process and how long each step takes to give you a better idea of what lies ahead:

• Obtaining your modification package: Getting a loan modification package in the mail can take [...]

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Writing a Hardship Letter That Brings Results!

Writing a Hardship Letter That Brings Results!

Loan Modification is an optimal choice for struggling homeowners, especially if refinancing is not an option. One of the first steps in requesting a loan modification is submitting a hardship letter which outlines your financial situation and why you need help.

Designed to explain how you got into your current financial crisis (and what you intended [...]

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