LOAN MODIFICATION

Losing your home? Act now. Don't waste another minute, and don't let another day go by. Call me, and I will do everything I can to help you keep your home.

Many homeowners don't realize there are some options available because of recent laws enacted, and you may not have to lose your home.  

I can't promise you anything except that I know what you are going through, and I that can help you understand your situation and put you in touch with people who can get you out of it.

The worst thing you can do if you are losing your home is to do nothing. Don't know what to do? Call me. 312-635-6900.

Save your home!

If you are behind on your payments, struggling to make your payments, expect an adjustment that will cause you to fall behind, facing foreclosure, or fear foreclosure is just around the corner, then you are a candidate for loan modification.

Don't let this happen to you

Foreclosures, short-sales and on-going financial troubles are increasing. The banks and mortgage companies do not want to foreclose on you, and they do not want to own property. New laws enacted recently have been designed to help homeowners just like you.

Loan Modification is a permanent change in the terms of your existing loan. Lenders may restructure your loan by a reduction in the interest rate, an extension of the length of the loan, a lowered principal balance, reduction in the amount of accrued back payments or late fees, as well as many other options to allow you the affordability to pay your mortgage - and keep your home. 

A loan modification may just be the solution that will save your home. The process is taking a long time, sometimes 90 days or more, and consists of many long phone calls and negotiations, so you time is of the essence.

Don't know where to start? Call me and I can help you understand your situation and help you determine what you should do next. 

What Is Required to Apply for A Loan Modification? Here is a list of typical items you may need to prepare:

1. Signed Hardship letter explaining in detail your current financial stance.
2. Signed Authorization.
3. Prior 2 Years Tax Returns and W-2's.
4. Prior 2 Months worth of Paystubs.
5. Prior 2 Months worth of Bank Statements.
6. Mortgage Statements for ALL loan's including HELOCS.
7. Signed and completed Financial Statement outlining household income and expenditures.

As of the writing of this web page, there is still a moratorium on foreclosures - the government and the housing agencies have stopped all foreclosure action - temporarily - to get homeowners back on track. If you do not act now, the moratorium may be lifted. DO NOT hide from your lender. They understand, and they will help. Call them.

If you are experiencing hardship trying to figure out how to get back on track with your mortgage, call me now. It doesn't matter what time it is.  Leave me a message if you get my voicemail. Do not lose your home because you do not understand what your options are.

312-635-6900 Phone

Or click here to email me now