|
LOAN MODIFICATION
YourLoanChoice.com has been in business since 1995. Our loan modification is devoted to helping consumers "modify" or "restructure" the terms of their existing loans. We are dedicated to helping homeowners "keep the loan" they have now when refinancing or selling the home are not possible. We help homeowners renegotiate the terms of their existing loans. We provide peace of mind and new hope by developing solutions that are a "win-win" for the homeowner and the existing lender. Start here!
We are experts at providing solutions to consumers (who want to remain in their homes) and to lenders (who want to avoid financial loss stemming from foreclosure costs). A loan modification is a process whereby a lender responds to a borrower's request to "alter" the terms of an existing loan. Loan modifications typically result in a reduction in the interest rate on the loan, an extension of the length of the term of the loan, a partial principal reduction of the existing loan amount, or a different type of loan (or any combination of the four remedies). A lender might be open to modifying a loan because the cost is less than the cost of foreclosure or selling the home "short" of the loan payoff (known as a "short sale").
Today, many homeowners are implementing a Loan Modification Plan to stop foreclosure. If you can currently make your regular payment, but you can't catch up with the past-due amount, YourLoanChoice.com will negotiate with your lender to fold any past-due amounts, including interest and escrow, into the unpaid principal balance. This new amount will be re-amortized over a new period of time. Or, if you are unable to make payments at this rate, we will negotiate with your lender to extend your loan for a longer period of time, modifying the loan amount to a more affordable level. A Loan Modification will change your existing mortgage note and give you a fresh start in managing your home. Your account will be brought up to date immediately. Our purpose is to help you "keep" the "loan" you have now - after we are successful modifying the terms. We fully understand the serious nature of your situation and are aware that you may only have a short time to overcome the real possibility of losing your home.
The key to our high rate of success is constructing a financial plan that you and your lender can approve and, most importantly, that you are able to perform. We only accept cases we believe we can win on your behalf. You will be a priority in our organization!
Unfortunately homeowners that try to work directly with their lender have a failure rate of over 80%. Our experience within the loss mitigation departments of major mortgage companies and servicers gives you the advantage needed to secure a plan you can live with.
Still have questions?
If you still have Loan Modification questions or need professional
and reliable guidence on your Loan Modification,
feel free to have one of our Loan Modification Specialists contact you personally
by completing this no hassle
form.
|
