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Q. Mortgage Loan Modification

지역California 아이디m**commer**** 공감0

조회1,435 작성일4/25/2009 7:21:47 AM

Mortgage loan modification (부채조정) can be both difficult or easy, depending on your family's financial conditions and lender. If you can easily prove your income, and the income has reduced due to the current economic downturn, and your income is not too much or not too little or your monthky payment jumped, you can get a good deal regarding your mortgage modification from your lender or loan servicing company.

However, if your income can not be easily proved such as self-employed, or your reported income (tax return) is far way small, or no income is available due to layoff and your lender is a kind of strict subprime lender, it is very hard or not possible for you to modify your mortgage loan favourably.

That is why many borrowers fail to go through the loan mod and feel frustrated and give up it in the middle.

However, the loan mod's potential benefit is too big to give up. In average, the loan mod can save you 20% to 30% of your monthly mortgage payments for at least 5 years. Try it by yourself or you may call me at 1-917-470-9443. I may help you for fee. Good luck.

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j**e062**** 님 답변 답변일 4/25/2009 3:03:32 PM

Before calling the number above, those in need should contact and consult one of more than 2,000 nonprift counseling services recommended by the Department of Housing and Urban Development. According to Illinois Attorney General Lisa Madigan, charging an upfront fee for foreclosure help is not only a red flag, but actaully ILLEGAL in nearly half the states (Government Cracks Down On Foreclosure Scams: http://www.npr.org/templates/story/story.php?storyId=102803775).