A loan modification is a written agreement between you and your lender that changes the terms of your loan – either temporarily or permanently. Its purpose is to make the loan more affordable for the borrower.
Using attorneys - who are authorities in mortgage compliance law, banking law and foreclosure law – greatly increase your chances of getting the most successful modification.
We only use attorneys to prepare and negotiate your loan mod - not realtors, nor mortgage brokers working "under the direction of an attorney" or "attorney-backed." It’s important to note that when using other so-called “loan mod” companies, you do not have that vital “attorney client” privilege – unless you’re actually consultation with an attorney.
WHY WE’RE DIFFERENT AND MORE SUCCESSFUL...
One of the most important reasons is because the law firm we’ve partnered with is generally noted as the preeminent national authority in mortgage compliance law and mortgage banking law. Their expertise with all aspects of RESPA, ECOA, Truth-in-Lending, and other state and federal regulations, as well as being skilled negotiators - provide an enviable record.
An equally important reason is that you will begin with a private one-on-one consultation with your own personal attorney to discuss your situation in detail. It’s here that he becomes familiar with your specific circumstances so that he may plan the best possible strategy to ensure your success.
Still another vital reason is that your attorney will perform an in-depth forensic loan audit to examine your loan documents. It’s the only way to uncover evidence of violations of Federal laws (or fraud), when you obtained your mortgage. The evidence gathered here will be used as a forceful negotiation tool to bargain the most advantageous terms for your loan modification.
The time spent planning and organizing your presentation is another factor that separates us even more so. The presentation of your hardship letter, your budget, your financials and importantly, knowing how to skillfully leverage the evidence collected from the forensic loan audit help ensure we obtain the very best results.
As a final reason, our attorneys are able to enter loan modification negotiations
without the emotional and financial attachment that you or any other homeowner would have. They’re experts at negotiating and know HOW to get to a "YES" quickly. Our chief goal is to obtain the most affordable monthly payment for you.
LOAN MODIFICATION PLANS:
- PARTIAL DO-IT-YOURSELF LOAN MOD PLAN:
- Private one-on-one attorney consultation
- Your hardship facts analyzed, considered and prepared
- Forensic loan audit of all your mortgage documents
- Review & analysis of all your income statements, investment accounts, bank accounts, tax returns and other financial data
- Preparation of all loan mod package documents in their most favorable light
- Client submits loan mod package to lender and does all follow–up & negotiations
- Attorney will review lender’s proposed loan modification documents
- ALL-INCLUSIVE LOAN MOD PLAN: Includes all of the above, PLUS:
- Your attorney submits your loan mod package, performs all follow-up calls and negotiations with your lender.
- Attorney will review and prepare final documents for signatures.
- LOAN MOD “REVIEW”: This is for the client who has already received some kind of loan mod proposal from their lender. This plan includes:
- Private one-on-one attorney consultation
- Your hardship facts analyzed, considered and prepared
- Forensic loan audit of all your mortgage documents
- Review & analysis of all your income statements, investment accounts, bank accounts, tax returns and other financial data
- Analysis and review of the lender’s proposed loan mod
- Recommendations, and if necessary, attorney will re-negotiate further to pursue better and more favorable loan modification terms
Let Us Plan, Negotiate and Execute Your Best Loan Mod.
Call us now at 1-888-808-2111 or We Can Contact You and we’ll get started!
