How do you do it?
In these market conditions, the banks and lenders have been mandated by the president to do everything they can to work out a payment plan with their borrowers. This is a great thing for today's borrowers especially for those who are running late on their payments or are having trouble making them on time.
The banks and lenders would rather take less money and keep you in your home making a payment that you can afford, rather than go through the expense foreclosing on the home, hiring a listing agent, rehabilitating a home, and letting it sit empty on the market for months, only to lose thousands in the process.
We currently work with almost every major lender and several small lenders and banks to secure a loan modification to help them help you. In many cases we actually have taught smaller banks and lenders how to go about completing a loan modification.
Within 24 hours after receiving your package, our legal team will contact your lender to notify them that they will be negotiating a loan modification on your behalf. From then on, they will be working with you and your lender in order to find a solution to your mortgage problems.
