The Book on How to Get a Loan Modification Fast and Increase your Chances of A Principal Reduction is a Blue print for homeowners on how to best increase chances of getting a Principal Reduction and a fast loan modification from the very start of their loan mod application. This is a Foreclosure Counselors Guide to Insider Secrets of Fast Loan Modification and Principal Reduction.
This book was written by a Certified Foreclosure Prevention Housing Counselor and offers insight in plain language instruction as to how to speak and interact with bank representatives so as to change that nasty, condescending tone and zero in on going after the principal reduction you are eligible for.
This guide also provides a blueprint of specific insider tips for avoiding time wasting pitfalls during the loan modification application process that can keep your application sitting on a processors desk!
This book also includes valuable information regarding principal reduction on 2nd Trust Mortgages, and even Rental Property Loan Modifications! This guide includes samples of forms and letters you can use for your application today.
Every Day homeowners are applying for what they hope will be a fast loan modification with the Home Affordable Mortgage Program, HAMP, which the Obama Administration has created to provide much needed mortgage assistance to homeowners.
This guide covers the HAMP Tier II program to help you correctly target your application and how these program enhancements have made up to six times the Principal Reduction available to homeowners.
The HAMP Program through the Obama Making Home Affordable Program and TARP Bailout Funds for homeowner assistance is a vital part of the loan modification and principal reduction. Learn how the recent Attorney General, Department of Justice Mortgage Settlement (February, 2012) affects available principal reduction ,and how both Acting Director of the Federal Housing Finance Agency(FHFA), Ed DeMarco and HUD Secretary Shawn Donovan have weighed in on your principal reduction.
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