Loan Modification

loan-modificationBanks and lenders have little interest in foreclosing on mortgages. It costs them money, disrupts their business, and hurts their reputation among potential buyers. Lenders often lose $50,000 to $100,000 in the foreclosure process. In most cases, they would much rather see homeowners continue to live in their homes so long as they can make mortgage payments that don’t cause the bank a net loss.

Many homeowners (or companies/attorneys representing homeowners) make fundamental mistakes in the loan modification process, leading to denials or loan modifications that the homeowner can’t afford. We always discuss the actual way things work, and never promote unrealistic expectations. We have worked on hundreds of California foreclosure cases and every major bank towards resolving mortgage delinquencies. It is important to know what works, and what doesn’t. Our pledge is honesty and intelligent planning, and we will work with you to create a plan that makes sense and achieves your goals.

We take no upfront fees, so you will pay nothing until all work on the loan modification is complete. We are in full compliance with California’s SB-94 laws, codified in CCP 2944.6 and 2944.7 and the federal FTC Mars laws. We have extensive experience and success modifying mortgage loans in California. We will also discuss alternate options with you to explore all options for your particular situation.

Contact us today for a free consultation.