If you one of those people who rate is about to adjust on your loan and wants some relief. If you feel overwhelmed thinking that you can not get help from anyone but your lender. Well sit down take a deep breathe and relax a minute. There is help but please do not wait on your lender to provide you with that relief. You see what the lender is not telling is that each loan modification specialist have over 500-700 loans on their desk and out of those modifications requested only 20% of those are looked at. Why wait for your home to go into foreclosure when you can work with a loan Modification company who serve all the clients needs with out all the fuss.
I am going to give some tips on how to determine if the Loan Modification Company is worth your hard earn money and time. Here are some questions that you want t0 address before you enter into a contract.
1. Do you work with attorneys or paralegals? Working with an attorney would be a wise choice. Because no attorney will Jeopardize the four years spent in college and the additional three years spent in law school. Not to mention passing the state bar for licensing for an extra buck. Using attorney will help you because they know exactly what to look for with your case. Although each case is different attorneys specialize in modifications. Paralegals are just as competent because they do most of the work for the attorneys.
2. Do you have a money back guaranteed. Most ethical Loan Modification Company should refund your money at 100% with a difference of an administration fee.
3. Will you have the opportunity to speak with an Attorney before you make a decision to go forward with the Loan Modification process.
4. Do you have to keep making your payment while in the Modifications process. This answer can vary depending on the situation one is in.
Those question listed above will help you when determining the Loan Modification Company you choose. Keep in mind that if you are upside down on your home have bad credit and pre-payment penalties help is available. You do not have to be in foreclosure to get help. If you have questions please leave email address Let our staff of Attorney's do a free analysis of your current situation. Not Everyone qualifies...Call us to see if you DO!
As I always say!
"It does not cost to think but it will cost you not to think!"
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