The experts at ModPro Direct start by performing an in-depth review and analysis of the homeowner's current financial situation. After the best loan modification is established, ModPro Direct prepares a detailed summary of your situation for presentation to the loan servicing company and will then handle all negotiations for a new and realistic loan modification plan with your mortgage lender.
There are many benefits of loan modification and they are welcomed solutions as compared to home foreclosure. As a home owner, your credit rating remains intact; loan modification does not decrease home value and foreclosure is avoided. With loan modification, debt is forgiven, avoiding the stress and embarrassment of legal proceedings. Unarguably, the biggest advantage is staying in your own home at a monthly mortgage rate that is affordable.
More and more lenders are working with loan modification programs and they encourage homeowners to look into options before their mortgage payments become unbearable. In the current economic environment of foreclosures, lenders are very willing to find ways for their customers to remain in good standing with their mortgages.
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Homeowners who are interested in reviewing the benefits of loan modification are encouraged to visitwww.ModProDirect.com for mortgage payment solutions or call -866-257-0868.
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