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Loss Mitigation Forms Form: Email Price: $19.99 Delivery: Next Business Day Forms are available in both PDF and Word format
Loan Modification EBook Form: Email Price: $49.99 Delivery: Next Business Day Both PDF & Word, Includes Loss Mitigation Forms
Mortgage Forensic Audit Form: Email Price: $499.00 Delivery: Two business days Audit comes with Free Ebook & Free Mitigation Forms

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Loan modification relies on a credible reason for non-payment and a credible ability to pay if the loan is adjusted. To qualify for a loan modification, homeowners must first and foremost have a provable hardship. Mortgage companies are interested in modifying the loan only as it prevents them from losing money, the hardship shows them that the homeowner is likely to default, or fail to meet the current payments. It will need to be documented with as many facts as possible to support the need for a change. This is a very subjective process, but absolutely necessary. There are some situations that may cause hardship, but are not considered acceptable for a loan modification... Read More
The home loan industry has changed stated income loans requirements if you don’t know yet. Most lenders now want full documentation loans and borrowers qualifying by using traditional debt to income ratio calculations. This directly affects the high cost housing markets like California, Florida, and the tri-state area of New York, New Jersey, Connecticut as well as parts of Maryland, Virginia, and Massachusetts. The reason is a lot of homeowners in these markets used adjustable rate mortgages and qualified by using stated income, stated assets and some instances no verification of employment...Read More
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