Best Loan Modification Guide: A Step-by-Step Guide to Modifying Your Own Home Loan

Best Loan Modification Guide - A Step-by-Step Guide to Modifying Your Own Loan

Knowledge is power. Before you hire a loan modification company or an attorney you will want to buy this book. Did you know you can modify your home loan modification yourself for free? You can.

Loan modification companies and attorneys are expensive.
Law Office Modification: $4,000 to $12,000
Attorney Based Modification Company: $2,500 to $7,500
Non-Attorney Based Modification Company: $1,200 to $3,000
Refinance: 2% to 3% of the loan amount
Self Modification: $0.00

This book will take you step by step and give you all the knowledge you need.
* Save your home
* Prevent foreclosure
* Learn how to successfully modify your own loan
* Learn to properly and powerfully negotiate with your lender
* Fully understand the Loan Modification process
* Realize the bank’s perspective
* Save thousands of dollars versus hiring a Loan Modification Company
* Protect yourself against scams
* Stop being afraid of your bank
* Learn about loan modification companies

This Guide began as a training manual for professionals in the loan modification business. Through a better understanding of the process from the bank’s standpoint, modification professionals could best present their modifications and, therefore, realize greater success. It is now available to you.Get all the professional information afforded to the Loan Modification Officers.

My name is Julia Parr. I am an experienced loan officer with more than 18 years of experience in mortgage banking and real estate. I have held a license in real estate appraisal and have short sale certification.
* I worked for several years as a consultant.
* Assisted in helping individuals in deciding what options they had available to them to relieve their housing debt.
* Explained the ramifications of different choices to credit and advised which were best for them.
* Assisted with credit correction
* Prepared modifications for presentation to lenders.

What you will learn from this book:
Modification or Traditional Refinance?
Cost of Modification and Traditional Refinance
Refinance
Self Modification
Non-Attorney Based Modification Company
Attorney Based Modification Company
Law Office Modification
Refinance or Modify?
Understanding the Concept of Loan Modification
What is a Loan Modification?
Characteristics of a Note that a Bank can Modify
Interest Rate
Length of Amortization
Principal Balance Reduction
Why Would a Bank Allow a Loan Modification?
Causes of the Modification Boom
Modifications are Negotiations Using the Threat of Foreclosure
The Foreclosure Timetable
The Bank’s Rationale During the Foreclosure Process
Homeowner is Current with Payments
Homeowner is 30 to 90 Days Late
Homeowner Is 61 to 150 Days Late
Homeowner is Over 150 Days Late
How To Modify Your Loan
What are Loss Mitigation and Home Retention Departments?
The Proper Way to Deal with your Loss Mitigation Department
Step by Step Procedure on How to Negotiate your Modification
The Hardship Letter
Example list of hardships that lenders consider during the loan modification process
Example of Hardship Letter
What Banks are Looking for When Granting a Loan Modification
Breaking Down Loan Modification Companies
Examples of When a Homeowner Should Contact a Modification Company?
Difference Between an Attorney Based Modification Company and a Non-Attorney Based Modification Company
Difference Between an Attorney Based Modification Company and a Law Office
Avoiding Scams
Finalizing and Submitting Your Modification Proposal
Compiling your Loan Modification Proposal
Creating your Loan Modification Proposal
Examples of a Loan Modification Cover Letter
Examples of a Loan Modification Proposal
What to do if your Principal Balance Reduction is Denied

Buy "Best Loan Modification Guide" and Save Your Home

Tags: loan modification, home