| Can I get a loan modification, the answer in most cases is yes
Loan Modification Help
You may ask yourself "Do I qualify for a loan modification" read the information below and contact us for loan modification help.
A loan modification is a change that is permanent in one or more than of the original loan terms on the original mortgage, which allows reinstatement of the loan to stop foreclosure. As a foreclosure prevention alternative the lender may consider modifications that: We are the experts in determining what you best action should be and we work for you to get the best possible option to stop foreclosure.
1. Capitalize delinquent interest, escrow, fees, and costs based on investor guidelines.
2. Implement a step rate mortgage
3. Extend term of the mortgage
4. Reduce or modify the interest rate on the mortgage
5. A combination of one or more of the four.
Why would someone use a Loan Modification
1. To remove a loan from foreclosure
2. To bring the loan current
3. To adjust the loan terms
When making a choice to modify your loan be sure you use experts that really know the business and care about you as the homeowner. We have been successful at modifying loan with the following companies. There are additional companies that will allow a loan modification but we have not had clients that have come to us to help stop foreclosure with the others.
Loan Modification and Foreclosure Help
Items to consider before requesting a loan modification:
1. must have experienced a hardship resulting in a reduction in income that affects ability to make monthly mortgage.
2. have a source of stable monthly income.
3. want to retain ownership of property
4. occupy the property as primary residence
Options to Stop Foreclosure Loan Modification
ABN Amro Loan Modification, America's Servicing Co., American Home Mortgage Servicing Loan Modification, Ames Home Loans, AMERIQUEST (AMC MORTGAGE SERVICES), American General, Aurora, Bank Of America Loan Modification, Bank One, Cenlar Central, Cendent, Centex, Charter One, Chase Loan Modification, Champion, CITI Finiancial Loan Modification, CITI Loan Modification, Conseco, Countrywide Loan Modification, Equity One, EMC Loan Modification, Fairbanks Capital, First American, First Capital, GMAC Loan Modification, Greentree, Greenpoint, Homeside, Homecomings Loan Modification, Homeq, HSBC (HOUSEHOLD), Huntington, Irwin, Key Bank, Litton, Midland, Mortgage Lenders, M&T Mortgage, National City Loan Modification, North American, Nova Star, Ocwen Loan Modification, Olympic Servicing, Option One Loan Modification, PCFS/Provident, PHFA, PHH, Principal Residential, RBMG, Rural Housing, Saxon Loan Modification, Select Portfolio, Standard Federal, Taylor Bean & Whitaker, Third Federal, TIB, Tier One, Union Planters, US Bank, Vanderbelt, VA, Washington Mutual Loan Modification (WAMU), Wells Fargo Loan Modification, Wilshire Loan Modification, World Savings Bank
Denied for a Loan Modification
You may ask yourself, Can I get a Loan Modification?, contact us today so we can help stop foreclosure
loan Modification to avoid Foreclosure new laws to help homeowner
If you need a loan modification contact us
We have helped many homeowners in foreclosure save their homes below are some examples
City: CEDAR HILL
State: TEXAS
County: CEDAR HILL
Stop Foreclosure in Texas
I was in a car accident last year had a broken ankle and two broken fingers which i had to have surgery and was off work for almost eight months. During this time my husband was the only one working and we fell behind trying to make it with one income. Shortly after I started back work my husband was laid off. Now we are both working and we are able to pay our current mortgage but we are unable to pay the delinquent amount. Yes our situation has changed. Countrywide is our Mortgage Company . We need loan modification help
City: Stanton
State: California
County: Orange
Stop Foreclosure in California
I became disabled after sustaining an injury while on the job in July. I contacted my mortgage company right away and informed them that I was injured and asked if there was any type of assistance that they could proved. They assured me that the only help I could receive from them would be a forbearance of three months then maybe a loan modification if my circumstances had not changed. I am still disable and am earning about 2/3 of my regular income, I am about 5 months behind on my mortgage. I HAVE A FIRST AND SECOND LOAN WITH THE SAME COMPANY, First Franklin. My disability status is the same. I will be collecting $1,763.32 every until I return to work, or for a maximum of 4 1/2 more years at which time if I remain disabled I will be e entitled to a lesser amount determined by the disability department of California. I have no other income at this time. foreclosure Help
City: Firestone
State: Colorado
County: Weld
Stop Foreclosure in Colorado
We declared BK and kept our home. We made payments every month while in BK and signed a loan modification. Our ARM adjusted and we couldn't afford higher payments. Then my husband was hurt and couldn't work for 8 weeks and we got behind. Now, they won't work with us. If we can refinance for a lower payment, making the payment would be no problem. We thought Countrywide was going to work with us but now we can't get a call back. In a panic with foreclosure sale date 2 weeks away. Thanks! refinance home in foreclosure
City: Elk Grove
State: California
County: Sacramento
Stop foreclosure Help in Sacramento
The interest rate has been gone up and it is so high that we can't afford to pay. We will like to keep our house and not go into foreclosure. If we can get a good interest rate we will like to keep our house. Our mortgage company is Countrywide. We have contacted them several times and have not yet heard from them. We need to get our loan to be modified. foreclosure help with Countrywide
City: Oakdale
State: California
County: Stanislaus
Stop Foreclosure in California
We filed chapter 13 but our payments are to high and we are about to go into a dismissal. If our payments were just 3500 instead of 5300 we wouldn't lose our home. We do foster care and have 3 children - all are in the process of being adopted and we also do cat and kitten rescue and are 501c. Is there anything that we can do - I have heard of a Loan Modification - but can we do this once we are in chapter 13 ? Option One Foreclosure
Bankruptcy Loan Modification
City: Virginia Beach
State: Virginia
County: Virginia Beach
Foreclosure Help in Virginia Beach
If I cannot get my bank to do a loan modification and I end up having to foreclose, being the house is known as a second home in Texas. and is not owner occupied, plus we live primarily in another state, California, than the second home, what will happen? I am not in default with my loan, we have excellent credit and steady income, but I will be in default in 6 months, so, I am trying to do some due diligence and save me from falling into foreclosure.
City: Alexandria
State: Virginia
County: Fairfax
Foreclosure help in Virginia
I have been trying to work this out with Countrywide through their Workout department, I have sent several letters since March but did not get any response. I was asking for hardship assistance or a loan modification, so I finally called for the 10th time and was told I was put in foreclosure. I want to keep my home at all cost.
I need a loan modification with Countrywide. We really need your assistance to get foreclosure help with a loan modification.
City: Fayetteville
State: Georgia
County: Fayette
Been trying to get a loan modification for at least three years. (ARM Loan) After seven months of calling I was told it was declined and my payment was going up another one thousand dollars. They had paid taxes I could not pay and increased my payment.
City: Rancho Cordova
State: California
County: Sacramento
Stop Foreclosure in Sacramento
I am a teacher that has not had a pay raise in at least 3-4 years. Everything has exploded around me with rising fuel prices to the cost of food at the grocery store. Trying to make things work I traded in my full size truck and lost $10,000 to buy an econimical car I could afford to put gas in. I was living on a shoe string before, at times robbing from Peter to pay Paul, but now Peter's pockets are empty and I am quickly going under. Nothing has changed. B of A has my 2nd which is what I am behind on. Can someone help get a Loan Modification?
City: Inglewood
State: CA
County: Los Angeles
I live in a Triplex. My loan is scheduled to adjust September 1, where I will be required to pay $800 more than what I am paying now. I currently have an interest only adjustable. I'm going from a 6% to 8% loan then in 6 months it will adjust again to even higher. I can make my payments as it is now at 6% but I will not be able to make it if the payments should it go to 8%. I tried to get loan modification help on my own with some help from HUD - Operation Hope. American Servicing denied my request and said I wouldn't be able to afford the new loan if they turned it into a fix. I tried refinancing but they said my property just isn't worth what is was worth 1 year ago. I don't understand why they can't freeze my rate for a couple of years until the market improves and I can get another loan. Stop GMAC foreclosure , GMAC Loan modification
City: Coeburn
State: Virginia
County: Wise
I have a first and second mortgage with HSBC, last fall I was able to work out a modification with them. I lost my job in December of last year and I now work at another job . I have been able to keep the second mortgage current but I have fallen behind on the first mortgage, I owe 2 payments. I would like to get back on track before I'm threatened with foreclosure again. HSBC loan modification
City: Los Angeles
State: CA
County: Los Angeles
Struggling to pay monthly payment. Requesting loan modification loan so that I may be able to continue to keep the house. Countrywide Loan Modification
City: Medina
State: Ohio
County: Medina
I had originally bought the house for my daughter and her family to live in because their credit at the time was not good. I do live in the in-law suite that is attached to the house, but my daughter and son in law make the payments on the house and have been from day one. currently at a 10.4% rate which is the problem , the payments are 2500.05 a month and since they are behind we can no longer catch up and will forever be trying to catch up. currently behind from may,2008. the rate is due to go up again soon due to having an adjustable rate mortgage. has not changed, still behind. Litton loan is the mortgage company, bbb modification loans
City: Gold Beach
State: Oregon
County: Curry
we have been in forclosure before and were forced to do a chapter 13 bankruptcy. I received a notice that our two year fixed was up and our pmts went up to 1,500 per month we could not afford this due to limited work. We moved to another location and had decided to sell the home however this house was sold and we had to move back to this house. I am currently not working due to health problems( recent heart attack & lung surgery) but plan to be working again soon. The doctors thought I had lung cancer but the tests came back negative.We have been struggling to keep the home for some time and cannot refinance despite several attempts. We do not want to loose our home and have actually started to begin remodeling it some. I would like to do a loan modification and start over. I have documentation from doctors if needed. Countrywide loan modification |
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