Loan Modification Book

Loan Modification Process
Loan modification sounds intimidating to the average homeowner but the process is indeed simpler than you might think. By following a prescribed action plan, the process can reach a successful conclusion in a relatively short time. Whether perform loan modification on your own or get assistance from a professional company, you have a good chance of success if you act on time and follow directions.

AboutLoanModifications.com helps by connecting you with a company that can help you avoid foreclosure. We have several Loan Modification Companies within our network, each with hundreds of successful loan mod negotiations. Depending on your specific situation (the property state , your mortgage lender , your mortgage history, your hardship, and any other unique situation you might be in), we will match you up with the right company.

Loan Modification Process

It starts with you filling out the short form on this site. Your case is then immediately assigned to a company within our network who will be contacting you shortly to get the ball rolling and obtain more details about your specific scenario

Your to-do list

To get the process rolling, your will be asked for required supporting documents:
  • Hardship Letter - Include dates, reason for delinquency, what you have done to attempt to workout problem in the past; also include any supporting documents for hardship. While our Network Service Reps will be happy to provide guidance if needed, the short and straightforward letter must be in your own words
  • Bank Statements - Last two (2) months.
  • Proof of Wages and Salary - Employed - Pay stubs for last two (2) months; Self-employed - 1040s for the last two (2) years.
  • Federal Tax Returns - First and second pages (W2s) from the last two (2) years.
  • Rental Agreement - If the loan modification is not for your primary residence.

Next steps

The assigned service company will work with your lender, exploring options that will provide a satisfactory conclusion for all parties involved. In many cases, we’ll have an answer within 60 days, and sometimes sooner. While we negotiate a solution, you can relax and focus on more important tasks, such as work and family.

It’s guaranteed!

And remember, there is NO OBLIGATION. We keep your information 100% private. There is no credit check and no social security number required. START NOW!