Mortgage Loan Modification

Let us help you get new terms on your loan and avoid foreclosure with mortgage loan modification.  There is no charge or obligation for your initial consultation. 

What Can Loan Modification Do For You?

1. Drastically reduce the amount you need to reinstate your loan
2. Reduce your monthly payments
3. Convert your ARM or Balloon into a fixed rate
4. Stop approaching foreclosure
5. Reduce stress by putting payments you can afford in place

DON'T WAIT - Complete our "Ask the Expert" form today and a member of our team will contact you about saving your home.

What is Loan Modification?

A mortgage loan modification is a permanent change in the terms of your mortgage loan. It allows your loan to be reinstated resulting in a payment you can afford. Fill out  our online form, to meet with an experienced Trusted Mortgage Advice advisor about your loan modification options.

Loan modification takes place when the lender reevaluates a loan in the event that you cannot continue to make payments toward your original mortgage.  The modification will not be made if you are usually regular and default in just one payment. Modification comes after a series of missed installments. “Ask the Expert”  about loan modification options that will provide foreclosure help before it is too late.

How to prepare for loan modification?

• Call your lender to ask about the procedure and required documents
• Write a hardship letter listing reasons for default e.g. job loss, divorce
• Fill out a household expenditure statement- food, utilities, credit cards etc.
• Do a property appraisal

How can Trusted Mortgage Advice help?

• Understanding your loan modification options: We will go over your mortgage agreement, explain the modification process as well as your options. More importantly, we will provide you with expert advice at every step of your negotiations.  
• Financial analysis:  Bring us your monthly income and expenditure and we will help you make a financial analysis of your situation that will enable cost-cutting.  You will be asked to present this to your lender and it is important that you streamline your finances before you get to the negotiating table.
• Initial proposal for loan repayment: Your lender will expect you to come with a plan for repayment. Our specialists are well versed with mortgage operations and can help you draw up a repayment plan that will get you the extra time and payment adjustment you need.
• Expert negotiating advice: Having been in the mortgage business for over 20 years, we have the knowledge of what works. Use our experience and knowledge to get the best loan modification that will avoid foreclosure.

“Ask the Expert”  at Trusted Mortgage Advice to help you stop foreclosure by getting the best deal out of your mortgage loan modification.

Who Can You Beleive?

With such a rapid pace of change in the lending industry finding the right mortgage advice has NEVER been more important.  We beleive that the best way to deal with these changes is to have an independent, 3rd party professional review your loan and help you make the right decisions.

Email us today with your question to see for yourself what a difference having YOUR OWN independent mortgage advisor can do for your loan.