The Process

Our loan modification process starts out with a limited interview with the homeowner. We look at various areas of your finances and ascertain if you qualify for our criteria. Many different lenders have internal and external policies and guidelines that we must navigate through in order to best serve you.

We can compare your situation to the thousands of previous clients we have successfully modified and indentify if we are able to help you.

The process begans with you and our intake counselors. They gather pertainent information from you and your file is then given to one of our negotiating teams. The teams consist of a Case Manager, a Processor, and a Senior Negotiator. Your assigned team has the responsibilty of compiling the neccessary information from the client and submitting

STEP 1 - CONSULTATION

Please give us a call to start your initial consultation. We need to talk to you to make sure that a Loan Modification is your best option. 

STEP 2 - GATHER FINANCIAL DOCUMENTS

We will need the following documents:

·         Hardship Letter

·         Most Recent Mortgage Statement

·         Last 4 Bank Statements

·         W2 Forms  2008 & 2009

·         Tax Returns  2008 & 2009

·         Income/Expense Financial Statement

Then, we will analyze your information to create a negotiation packet to submit to your lender. We will fully review your case before we start negotiations. NOTE: This process could take up to 45 days to be completed depending how fast you provide us with all necessary information.

STEP 3

Our team will submit your financial packet to your bank and will start negotiations. Negotiations will continue until we achieve an acceptable agreement approved by you, the homeowner.

STEP 4 - APPROVAL

When you modification request is approved, all final modification documents will be sent to you to get your approval.

Remember, this will not happen overnight, however, in most cases it takes 30 to 60 days to complete the process. We are here to assist you at all times.