Once your appeal is accepted, ultimate modification documentation will be sent to you for your sanction. Previous to your modification is accepted to start on your new payment agenda; we request that you must have at least 2 months of payments saved.
Once you sign and sent the agreement back to the lender, they will put you in a new modified mortgage system with a reduced payment and lowered interest rate.
We do 200 + loan modifications ever month and about 185 + reach the approval process and are successfully modified. For those whom we fail to help for any xyz reasons get their money back within 24-48 hours. We believe in helping borrowers and if we cannot, we will not charge them any penny. |