Shawn

What if your loan modification is Denied?

What happens if after months of painstaking waiting you are denied a loan modification by your lender? Although it is easy to do your own loan modification: filling out the paperwork and making sure everything is together, once your file is faxed to the b... Read >

What is needed to start a loan modification business?

The good thing about starting a loan modification business is that there is very little overhead involved. A little organization, hard work and insider knowledge will have you making money in no time. When you first start your business it may not be n... Read >

Why does the Loan Modification process take so long?

All banks are different. It can take anywhere from 30 to 90 days for a decision to modify a loan. The reasons for this are varied. Banks originally were not set up with entire loan modification/loss mitigation departments dedicated to handle the large sc... Read >

Who do you speak to when you call your Lender

If you feel that you are having problems making your mortgage payments, the first thing you must do is speak to your lender so that you can work out some sort of agreement. Studies show that at least fifty percent of borrowers who have defaulted on their ... Read >