Are you late on your payments?
Are you upside down on your house?
Is your rate adjusting?
Have you tried to refinance, but have been declined?
Do you fear foreclosure?
A loan modification company is the best tool if you are behind on your mortgage and are headed towards foreclosure. With a attorney loan workout, the mortgage loan is renegotiated to a more affordable payment then what you already have.
Here at http://www.CallALMS.com, our contracted Attorney’s negotiate successful mortgage loan mod on your behalf with your bank to save your house. Our Attorney’s are retained by you and have a 99% success rate in their negotiations, else your money back!
Here are some answers to questions that may help you:
What is a loan mod?
A loan modification to an existing loan made by a lender in response to a borrower's long-term inability to repay the loan. loan modification company typically involve a reduction in the interest rate. These loan workout sometimes take your arrears and forgive them or add them on to the existing balance of the loan. The key thing to remember is you are brought current and get a fresh new start with a payment that is more affordable. A lender might be open to modifying a loan because the cost of doing so is less than the cost of default.
How can I save my home from foreclosure?
If you and your family can no longer pay the mortgage due to higher interest rates or you can not refinance because you owe more than your house is worth, take action now! We can not only take the stress off your shoulders at a time like this, but also get it done. We have top negotiators and most importantly our Attorney’s know WHO to negotiate with at the lenders.
These three basic things are usually required in order to qualify for a loan mod:
1. Desire to Keep the House
2. Experienced a Financial Hardship
3. Income/Employment - Able to continue making lower payments
The actual loan modification company agreement itself will vary from servicers, but the key is getting a payment that is more affordable for you. Work with someone that is experienced that can get the best rate/program for you.
Most loans needing attorney loan modification are conforming loans put together by popular big banks like; HSBC, CitiMortgage, Wachovia, ASC, HFC, Countrywide, Household, IndyMac, JPMorgan Chase, Wells Fargo, Washington Mutual, Aurora and Bank of America and based on Fannie Mae and Freddie Mac guidelines.
If you are late on your mortgage or even if you’re current but it’s becoming a financial strain… http://www.CallALMS.com can help you! You can qualify online right now using our fast and secure loan modification form.