How Does the Program Work?

If you are one of the thousands of homeowner’s struggling to pay your mortgage you may be able to modify your loan the right way with the help of an Attorney.

Step 1: Get Started
Your initial consultation with our loan counselors is always free. Clients must have adequate income to pay the new mortgage payments and have not declared Bankruptcy in the last 12 months. Once you’re secured with our Attorney, we will protect your interests during the entire loan modification process to ensure that your loan is modified responsibly.

Step 2: Hardship Analysis
A loan modification begins with a hardship analysis. This is an examination of the borrower’s current mortgage, income, expenses, and ability to repay. The hardship analysis includes meetings or conversations with the borrower(s) and a determination of the borrower’s eligibility for a modification based on their lenders requirements.

Step 3: Contacting Your Lender
This step includes contacting your lender to negotiate loan terms or conditions on behalf of the borrower, reviewing the proposed loan documents, and ensuring that the borrower has copies of all executed documents.

Step 4: Completing the Process
The completed loan modification will result in a net tangible benefit to the borrower. This means the borrower will be brought out of default into a current status, reducing the principal and interest payment.

• If you have an interest rate of 6.5% or higher
• If you are behind in your mortgage payments
• If you have  received a Notice of Default
• If you have recently lost 50% of your income
• If your home value is below market value
• If you have a sincere hardship (Financial, Mental, or Medical)
• If you are unable to refinance your home loan for any reason
• If you are in a Negam/Pick a Payment/ARM