BEWARE!THIS IS A SCAM ARTIST AND FRAUDULENT COMPANY.I RETAINED THESE PEOPLE FEELING SAFE AND TRUSTING AFTER SPEAKING TO THEIR HEAD GUY "KELLY".HE SELLS IT SWEET IT ALMOST FEELS LIKE YOURE IN SHAGRI-LA..I HIRED THIS FIRM 2 MOTNHS AGO NEVER ONCE DID THEY CONTACT MY MORTGAGE LENDER NOW IT HAS FALLEN INTO A TRUSTEES SALE.IF I KNEW THIS WAS COMING I WOULD OF NEVER HIRED THESE CLOWNS.WATCH OUT FOR THEM ... ( Read More )
We have submitted the financial analysis package to GMAC mortgage for their loan modification program back in March 2009. Then, many months passed, and there was no respond. We called several times to their customer services and they kept telling us we did not have complete documentations. So, we faxed the documentations to them several times and last month I even certified mailed to them. And the... ( Read More )
In May of 2008 Kirkland Young took over $1,000 from me to modify my loan and my father's loan. For over a year, representatives did not take our calls. Called back infrequently and ultimately never modified our loan. I was contacted in December 2008 by a Kirkland Young representative Steve requesting that I pay the rest of my fees (which were due at the time of modification) to "expedite the p... ( Read More )
In March 2009 we were contacted by Save My Home USA. Mike Miller told us they were real estate attorneys - this is not the truth. In teh 4 months we suffered with this company we did not talk to an attorney once. This company first failed to tell us that our loan modification was intitially denied. Then, we get an email accidentally sent to us by our processor where she was insulting us and ca... ( Read More )
I started the loan mod. process in Nov 08. They received it in the UBS office on Jan. 10,09. I have called and called and called. Always being told that they are backed up with work. In the meantime, they have sent my file back to Moss Cadillas in CO to get updated info from me (the accurate info they had expired while waiting on my file to be reviewed.) This has happened 3 times. I called t... ( Read More )
12/08 We requested the services of Choice Loan Consulting to help us modify our mortgage through a third party vendor with a payment of $3000.
1/09 We finalized the paperwork with them.
1/8/09 Choice contacted my loan company Countrywide but were told the paperwork had a mismatch in signature. My name on my home loan is McClain my married name is Hodges. Choice did not contact Cou... ( Read More )
Luis Carcomo of Lexington Mortgage Loan Modification Department called me at my home and advised me that he was from the loan modification department of Lexington Mortgage. He asked me if I was in need of mortgage help. I told him that I was behind about 3 months on my mortgage and I did not want to lose my home and how could he help? He said he could help me with a loan modification of my mortgag... ( Read More )
If you need help understanding your option of taking advantage of thehome loan modification process, the help is available to you everywhere. The process is quite tricky and it is highly recommended that you do indeed seek legal advice before signing on the dotted line, in order receive the most efficient and cost-effective modification to your mortgage payment.
Where do I get Advice
There is advice all over the web on how to receive a loan modification; some of this advice is quite helpful, while some is quite dreadful. There is also the opportunity to hire a professional service that will help you go through the paperwork and work with the lender to help you get all the benefits that you deserve, due to a hardship.Loan modification is a process that must be understood completely and thoroughly. This article can actually offer you an insight on the process of loan modification and tips that will better help you as a homeowner save your home from the risk of a foreclosure.
Loan Modification Advice
First and foremost, it is important to determine if you are eligible for a loan modification. This requires writing a letter of hardship explaining to the lender what exactly the reason is for your late payments and the fact that you are unable to pay your mortgage. Doing a loan modification on your own requires more than just advice. Becoming educated about the process is more important. This is perhaps a good reason to hire a professional loan modification company to take part in the process. They will handle everything for you, while educating you in the progression. There is a fee charged for hiring these companies, but in turn your mortgage payment can be lowered quite a bit and professionals can even find things in your original loan papers that may prove that the lender may have broken the law during your original mortgage signing.
If you do choose to take the big leap of the loan modification process on your own, you must first contact the lender and they will lead you to the correct department, normally the loss mitigation department. You may not want to directly say that you are in the process foreclosure. We do not want the lender to think your situation is not worth their time before hearing you out. Always document anything relating to the loan modification process, every phone call and any other information you may receive during the process must be documented. Always discuss every option available with your lender, so that you may come up with the best alternative for you. It is true you will save money going directly through your lender and let’s face it, you are struggling already trying to make your payments, but professional assistance can help immensely.
No matter what direction you decide to take, loan modificationwill be what determines the amount of time you have in your home. If you are eligible you should act as soon as possible.
