Without expert assistance over 70% of Loan Modification requests are declined.

 

When you obtained your home loan there was literally a small army of well trainded experts engaged in a concerted effort to get the transaction closed. Included amoung them where loan officers, brokers, processors, appraisers, general home inspectors, termite inspectors, insurance agents, insurance underwriters, compliance personnel, set-up personnel, regulation clerks, loan underwriters, document preparers, document auditors, funders, escrow officers, escrow assistants, title officers, title assistants, mortgage insurers, notary publics, etc. Five or six of these people, to one degree of another, were responsible for reviewing your loan package before it was presented to your lender’s decision maker to confirm everything was in order.

 

A few year have passed and you’d like to have your loan Modified. You’re instructed to send in a few documents so the bank can review them and let you know if there’s anything they can do to lower your payment. But you’re not an expert on packaging information for the bank’s Loss Mitigation Analyst to review. You have no idea as to what they are really looking for. You simply gather the documents in accordance with the list you were provided-bank statements, pay stubs, tax returns, etc. You know what the documents say, but in the context of a Loan Modification Approval process, you don’t know what the documents mean. Predictably, you later receive a letter form the bank indicating that your Loan Modification request was declined.

 

If it took a team of experts to help you obtain the loan, it may take a team of experts to help you Modify the loan. That’s where we come in. YourPaymentRelief.com is owned and operated by First Residential Real Estate Services, a San Diego based Read Estate Brokerage that specializes in helping distressed homeowners obtain Loan Modifications to keep their homes. (Our team consists primarily of real estate professionals, with support as needed from loan officers, accountants, attorneys and financial planners). Our management team has over 40 years of combined experience in the real estate industry, with over 32 years of combined experience counseling and rendering aid to distressed owners.

 

If we cant do it, odds are, it can’t be done. Hire a professional, whether it’s us or someone else-your bank has.