Homeowners Avoid Foreclosure with Loan Modifications

As Certified Loss Mitigation Consultants, we have the opportunity to help homeowners just like you prevent foreclosure. We represent you and NOT the bank in our negotiations.

Bad things happen to good people and everyone experiences difficult times at one point or another. There are many options available to you and you need to determine which one would best meet your personal and financial needs.

Option Arm Adjustable Rate Mortgages are about to go through major resets, sending federal and state regulators scurrying to withstand a new wave of defaults and foreclosures.
National Foreclosure Prevention Services has had some success modifying Option Arm Mortgages, but there are several problems with these mortgages.

1. Most loan modifications will be a principle and interest payment, where the H/O usually paid the minimum payment - not even the interest only payment.
2. When the loan is modified chances are the payment will be higher than what the H/O is currently paying making it imposable to qualify.
3. And because the H/O was paying the minimum and with the reduction of home values, chances are there is no equity and they owe more on the mortgage then they did when they purchased the home.

We would like to talk with you about your situation and how our services can help you SAVE YOUR HOME.