What Lenders and Services work best for loan modifications?
A. All lending banks have loss mitigation departments that are modifying home loans. We have worked with most mortgage lenders in the US. Q. What kind of Borrower qualifies? A. All Mortgage holders qualify, regardless of current LTV, credit, self employment, and mortgage lates. We will put together a modification package that is right for you. This includes Financial Statements (monthly summary), hardship letter, mortgage statements or any other documents the lending bank needs to do the loan modification. Client must be employed. Q. What is a good example of the modifiable loan? A. Our “Text Book” file is a mortgage holder that has an ARM and is having trouble making payments after the adjustment or foresees a problem after the adjustment happens. With that being said we have modified loans of all types; we specialize in Adjustable Rate Mortgages, as well as neg am loans, interest only loans, investment and commercial property. Q. What are examples of past modification results? A. We
