Does this company "care" about your situation or does it sound like they are more concerned about collecting a fee. Do they listen to you? Provide you with guidance and support? Are they passionate about what they are doing? Are they reading a script? Are they informative? Are they hesitating on providing you with answers ?

Do they have Licensed Attorneys to mitigate your home, and negotiate with your lenders. Attorneys get top priority and the best loan mods done because of their expertise and their intimidating presence. If they do have attorneys, you should receive this in writing when reviewing your enrolment package.

So if any company is asking for money upfront and if it’s not a law firm then it’s possibly a scam and you should be very aware while dealing with them.

The fee should be affordable and competitive : Some companies will charge fees anywhere from $3500- $5000. This is price gouging. The fee should be based on your mortgage payments to ensure it is fair. If the mortgage payment is extremely high, the fee should be able to be negotiated. Everyone's situation is different and this should be considered when charging a fee. Their #1 priority should be to work with you to keep you in your home.

Seem to good to be true ? If you are being promised an interest rate, or and exact principle reduction amount, most likely you are just being told what you want to hear. Please note that no one can promise you anything without negotiating with your lender.

Is there an approval process ? Before you agree to pay any fee at all, there should be an application process which would determine if you qualify for this assistance. This should not include credit qualifying. Credit is not a determining factor. The application should include your budget, income, property info, and hardship. This information will determine if you qualify.

We do a FREE approval process to make sure that you qualify for a loan modification and if you have a strong enough case to fight for. We can possibly tell you within 24 to 48 hours whether or not we can get you approved for a loan modification.

Is there some type of money back guarantee? This is very important because as per the law, if the loan modification doesn’t go through then the company helping you out for a loan modification has to offer you some sort of money back.

We have a 100% money back guarantee, if we cannot help you modify your loan, we will not charge you a single penny. And we give this in writing to you. So, there is NO RISK involved.

Our affiliates at www.myloanmodificationexpert.com are strictly law firms who have been practicing loan modifications since past 10 years. We have gained tremendous success through our experience in this field and have over 97% of success ratio.