The loan modification software guides the you the homeowner to the necessary calculations and forms that the banks are looking for, they are done for you instantly. You simply enter your information and the software does the rest. The software also integrates the new Obama home rescue program designed to give you homeowners a better chance at obtaining a loan modification. Submitting the numbers incorrectly will effect the probability of successfully negotiating a loan modification, it is crucial in a loan modification to correctly provide the information the bank requests in a correct manner.
In addition, our professionally written loan modification guide takes the you through each step of the loan modification process and each specific form is included with interactive pdfs. These forms are very important when doing a loan modification as they are in the format each lender/bank wants to see them in. They are also easy to fill out and use.
As foreclosures continue to hit the market, more and more homeowners cannot pay their mortgage due to economic conditions and unemployment, loan modifications will grow higher in demand each passing month.
If you do not know what a loan modification is, it is a way to lower the existing interest rate of a home loan without refinancing or obtaining a new loan. It is literally an adjustment of the current loan to a lower interest rate which will lower the payment on the mortgage and save the homeowners home. This is a growing trend for obvious reasons, since literally 80% of homeowners need a loan modification on their home loan. In addition, existing homeowners who do not want to refinance can seek a loan modification and obtain a lower rate on their current loans.
This loan modification software kit allows you the homeowner to process the loan modification with your mortgage company on your own.
Each loan modification kit includes the following:
· Loan Modification Software
· Loan Modification Step by Step Guide
· Loan Modification Lender Specific Forms
· Sell Your Home Fast Guide