To get a SIGNIFICANT Modification, suffering a sudden or future hardship, you have GOT TO go through an Attorney Backed modification company that specializes in loss mitigation. Don't be fooled by ANYONE that says you can do this yourself and get significant results!!
They will be dealing with the Loss Mitigation dept. at the bank's or lenders central office or headquarters, NOT your local branch. Only an attorney will be able to get multiple features modified and know which program to use; getting your loan balance lowered, interest rate lowered to as low as 1% and any amount you are behind can be FORGIVEN,
not just put on the back end, as well as your hardship explained correctly. The results that I HAVE gotten for my clients is just that. I can help you as well, no payment has to be made unless you qualify, once you qualify you make a payment to retain the services of the attorney that works with your lender in many more ways than any individual property owner can do on their own.
WE can do rentals, commercial properties and even empty lots.
HERE ARE a couple of OUR RECENT MODIFICATIONS:
Bank of America: Rate lowered from 7.75% to 3.50%. Payment lowered from $2418 to $1219 Monthly Savings: $1,198
Citi Mortgage: Rate lowered from 8.85% to 3.50%. Payment lowered from $4369 to $2825 Monthly Savings: $1,544
IndyMac / Onewest: Rate lowered from 7.75% to 3.00%. Payment lowered from $2092 to $915 Monthly Savings: $1,177