The first thing you need to know about a Loan modification or loan mod is there needs to be some sort of hardship or reason why you will be unable to make your payment. Divorce, job loss, adjustable rate coming due, bad or no renters occupying the residence. The are many things that can qualify you, just be prepared to prove it.

The second thing to be aware of DO NOT send any company money up front. These are scammers. We have a pre-qualification process and in most cases due to our long standing relationship with lenders we can pretty much tell you what the offer will be.

The third thing to look out for is anyone telling you to not make a payment to you bank. This will affect your credit poorly. Many loan mod companies will suggest this because it makes THEIR job easier. It is much easier to negotiate when someone is late. However, I am not interested in what is easy, I am interested in what is best for you and your financial future.

Our company can walk you through the process. It is very easy. There is no credit check, minimal paper work and no closing costs. Email me if you would like some more information.

You can do this on your own, but BEWARE you will spend several months negotiating and if you don’t get the deal that you are looking for, you are done. There is nothing else you can do. At that point you can not hire a professional because you have exhausted your options. Think of it this way:
You have one chance to fix your loan. Do you want to “try” to do it on your own or do you want someone who has years of experience, connections and legal help to do it for you?