Giving You Your Home Back With A Loan Modification!
We have programs to help you stay in your home. There is hope.
WeAreTheHomeSavers.com with our partners has saved hundreds of families from losing their home to Foreclosure. By working on your behalf to negotiate a solution with your Mortgage Company we can save your home. Every mortgage company has different rules about working with customers on saving their home from foreclosure. We work with all mortgage companies and we fully understand their rules and all of their terms.
Mortgage companies are currently overwhelmed by the numbers of customers who are in foreclosure. Since we have been working with the mortgage companies for the last 8 years we know the right contacts and how to best deal with each mortgage company to quickly negotiate the best terms for you to keep your home.
Perseverance And Discipline Can Prevent Foreclosure
The United States has experienced a truly remarkable boom in the housing market over the last few years. Now that the market is undergoing a correction, many families are in increased danger of losing their homes to foreclosure. While foreclosure may be a idea, it's by no means is inevitable.
Allow us to work with your lending institution to come up with a solution. We can do this regardless of the kind of financial hardship you may have encountered.
Generally there are two types of things that your lender can do so that you can keep your home and your credit score intact.
The Solution for short term financial situations:
Forbearance, will allow you to recover from a mishap and keep your home. We can help stop foreclosure proceedings on your home. The lender can allow you to put off making payments or make payments at a reduced rate for a certain amount of time until you're back on your feet. This is a good tactic to use if you've been temporarily disabled by an injury or an illness. You will still have to pay a little more each month for a while afterward.
Solutions for longer term financial problems:
1. Modification- Lenders agree to a lower interest rate or a longer payback period. It's similar to refinancing, but without having to get another lender involved.
2. Refinancing- This tactic has a number of benefits. For example, you may be able to get your new mortgage for a lower interest rate and possibly one that will stay stable over the course of the lifetime of the mortgage. Another benefit is that you might be able to get your existing lending institution to accept a payment that's less than the amount that you originally borrowed to pay off the mortgage. This effectively lessens the amount that you'll have to pay back! Don't lose your home to foreclosure, contact us for a free consultation today!
3. Sell your Home- If you can't make the payments, and will not be able to make the payments, we can ask your lender to suspend payments while you're actively trying to sell your house. Once the house is sold, the proceeds of the sale are used to pay off the lender. This is a much more satisfactory situation for the lender than foreclosure because the lender is likely to get more money out of it, and it's a better situation for you because your credit and dignity are preserved.
A few things that you need to do:
1. Contact us and tell us about your situation as soon as possible.
2. Cut out unnecessary expenses. A lender will be much less likely to let you skip payments or give you a lower interest rate if it sees that you're continuing to spend money on cable TV, expensive restaurants, and luxury cars.
Perseverance and discipline are the keys to keeping your home away from foreclosure. Call our number today and let us help you save your home from foreclosure. Request a free foreclosure consultation now!