Call us request for a free consultation.  We will ask you questions about your financial status and other general information – this will help us in determining if you qualify in our program or not.  Answer all our questions truthfully and accurately – do not misguide us. Nevertheless, we will double check all facts. Any discrepancy will only delay your application.

Step 2 - Gathering of Financial Documents

After the initial consultation, we will be able to determine your circumstances. At this point, you will be required to present financial information that would help us in examining your financial situation.

Documents that we would ask for:

One month proof of income

W2’s, bank statements (at least for four months)

Pay stubs or rental agreements

A hardship letter explaining what made the applicant fall behind on payments

Bank statements (at least four months)

Most recent mortgage statement

Tax returns (form 1040)

Monthly expense sheet (food, utilities and mortgage payments)

We will then review all information and create a negotiation package which will be submitted to your existing lender.  A thorough financial investigation and analysis will be conducted before we begin any negotiations.  This process will take more or less two months depending on how fast and accurate you provide us the necessary financial information and documents.

Step 3 - Loan Modification Negotiations

We will continue our negotiation with the lender until a suitable conformity is reached.  The new loan package should be acceptable to the lender and affordable to you. We will then present you with your new loan package agreement for your approval. You can however, veto the approval and renegotiate the agreement with us. In that case, we will work on and present another package.

Step 4 - Loan Modification Approval

After reaching a satisfactory agreement, a final modification document will be sent to you for your approval and signature before execution. It is ideal that you have at least two months payments saved before the loan modification approval to ensure a flawless and affordable new payment schedule.

Getting a loan modification is not an overnight process. It is a detailed reassessment of financial status.  It can be hard work but we have experts that can help and guide you for easy, breezy loan modification.