Home Loss Mitigation And
Behind In Payments Mortgage Help!

by Home Loss Mitigation Expert - Dan North

Sure we have all heard of upside down mortgage loan modification to save house from foreclosure and Government help with the mortgage or other behind in payments mortgage help and home loss mitigation, maybe even that we have homeowner rights on a foreclosure, but how much is fact and how much is just another sales pitch or campaign promise that is nothing more than an empty promise.

I know, I have read the same advice too. "Just call your lender, they will help you" sometimes they do if you persist and sometimes the endless phone transfers, waiting on hold and re-submitting lost paperwork are so frustrating you just want to scream!

Maybe you already called your lender asking for Obama loan modification with the Home Affordable Modification Program (HAMP) because you are behind in payments and need some mortgage help, but instead of modifying your loan your lender raised your mortgage payment. See 1 in 4 mortgage modification requests increase payments instead.

Maybe you have already tried calling, got the run around, got no where at all and realized you need professional help to save the house from foreclosure so start reading the mortgage loan modification ads. "Modify your mortgage to 1% and a $100k principal reduction, guaranteed. Send cash only." Right, I have the same feeling in the pit of my stomach when an IRS Agent shows up at my door and says he is only there to help me. If only it were true.

What Do You Do If You Need Upsidedown Mortgage Loan Modification To Save House From Foreclosure?

We want to believe and we know people have been helped but how do you know if your lender is taking advantage of you or if a loan modification company is legitimate. No one wants to get ripped off whether it is by their lender or a mortgage modification company. Despite the News Stories there are more people ripped off by their lenders than by criminal loan modification companies that take the money and run. Just look at the statistics, currently only 25% of all modifications approved are on sub-prime loans, yet these are the Americans that need a mortgage modification the most. By the end of Feb 2010 1,094,064 HAMP trial modifications had been started (since the beginning of the program) and only 168,708 were approved and active permanent modifications. This is 15.4% of all the trial modifications and if only 25% of those are on sub-prime loans that means only 3.8% of all HAMP Trial Modifications started are approved modifications on sub-prime loans. Who is fooling whom? This 3.8% represents the Americans that need the help the most.

Now even after mortgage lenders give you a signed permanent loan modification agreement they may try to take it back. See Wells Fargo Said They Made A Mistake.

Can I Even Get Upsidedown Mortgage Loan Modification?

Sometimes lenders are completely heartless and will lead you on with promises of a mortgage modification for months of trial payments, just to get as many payments out of you as they can, only to come back with loan modification denied or even increasing your mortgage payments.

I have countless examples of homeowners thinking they are saving the house from foreclosure only to find out they are in worse condition than when they first asked for help with their upsidedown mortgage.

Here are a few homeowner's stories of being lead on with promises of upsidedown mortgage modification by their lenders:

• Bank Of America Modified My Loan By Raising My Payment And I Do Not Qualify For The Old Payment
• Chase Loan Modification Agreement Increases My Payment By $1300
• Trial Loan Modification For 11 Months And Repayment Plan
• Loan Modification Denial After 6 Trial Modification Payments
• Screwed Over By Wells Fargo And Want To Do Something About It! Too Late?
• In Good Faith-I Have Done My Part But Chase Might Still Foreclose
• Turned down and told to reapply?? How does that help?
• Bank Of America Trial Loan Modification Offered But Payments Increased

There is a way that you can find out for yourself what modification you qualify for even if you do not qualify for the Making Home Affordable Modification Program.

Run Your Own Loan Modification Test To See What You Qualify For Right Now:

• No worrying for months wondering if your lender is going to approve or deny your loan modification.
• Find out right now if you qualify for HAMP
• See exactly what the terms will be
• If not qualified for HAMP:
• See what in-house mortgage modification plan you qualify for
• See exactly what your the terms are for each in-house loan modification option
• Know which in-house modification program will save you the most money

Order Loan Modification Test Now!

Do I Need To Hire A Loan Modification Expert
To Modify My Loan? Can I Really Do It Myself?

You can do it yourself, but if you have a choice, ask yourself honestly how important is it that you keep your home. In many cases you can modify your own loan directly with your lender with a little help or advice but don't expect your lender to do it for you and have your best interests in mind.

You need to understand what is going on so you are not taken advantage of. I will try to provide you with the information you need so that you can do just that.

Order Do It Yourself Loan Modification Kit Now!

With some lenders you may need professional help to even get a loan modification. Some people always hire an expert to handle anything as important as their home, just as they would hire an Accountant for filing their taxes or a Realtor to buy a home or a Mortgage Broker for arranging a mortgage loan in the first place.

So the real question may be, can you afford not to hire an expert. Especially with a No-Upfront Fee Hardship Loan Modification (only available in CA, OR and WA)

Order No-Upfront Fee Hardship Loan Modification NOW! (only available in CA, OR and WA)

I have been writing articles and arranging mortgage loan modifications for a little while now. I have run into many of the barriers that you can expect to run into and many that you would never expect.

I still get surprised by what can happen.

Most situations are straight forward - your lender would prefer not to modify your loan and will try to discourage you from getting a loan modification. Everything from telling you verbally that you do not qualify to endless phone transfers and even disconnecting you after spending an hour or more on hold. If you persist and hang in there, no matter what happens, you stand a chance of modifying your loan.

Help On Mortgage Renegotiation

I mostly write articles on mortgage modification and the mortgage foreclosure process that are republished in numerous blogs. From these articles I get many emails and phone calls asking questions or asking for help. You will find what comes up most covered in this website.

Often I am requested to renegotiate mortgages for readers, some I do personally coach through the mortgage loan modification process.

Most I refer to trusted loan modification experts.

This website is intended to help and advise you need to do it yourself or get the help you need. If you feel you need or want more help or want to hire an expert you can ask your own:

• Ask General Loan Modification Questions - Get Answers
• Bank of America Loan Modification Problems, Questions And Get Answers
• Chase Loan Modification Questions - Get Answers
• Wells Fargo Mortgage Loan Modification Questions And Get Answers

Is There HOPE For Homeowners?

I am constantly researching and reading all the documents I can on government mortgage assistance to stay current and there are 1000's of pages with continuous updates. Although the government can make the simplest things complicated, they do help some people if you can sort through the red tape and regulations.

While many homeowners end up falling outside the government guidelines most lenders will modify your loan if you present your case correctly. Some loan restructuring is easy and you can do it yourself with your lender's help and with some lenders you will need expert help to get your lender to do even the simplest loan modification.

Still Not Convinced? OK,You Are Welcome To
Contact Me If You Want The Help

This web site is intended to educate you and give you the information you need to put you in better control of getting the mortgage modification you need and in better control of the whole home foreclosure process. I address the questions I have been asked most often in emails and phone calls, you can even ask your own questions if you do not find the answers you need, general mortgage modification questions, Chase loan modification questions, Wells Fargo mortgage loan modification questions and mortgage foreclosure questions.

So are you ready to get some real answers to the real questions on mortgage modification, government mortgage assistance and other mortgage foreclosure questions such as:

• Do I qualify for a hardship loan modification?

• Can I save my home?

• Is there HOPE for homeowners from the government?

• How do I write a hardship letter?

• How does mortgage foreclosure work?

• How do I find out what mortgage loan modification I am eligible for?

• Can I really get government mortgage assistance?

• Do I have homeowner foreclosure rights?

• Do I have other options if I don't qualify for the Making Home Affordable Modification Program?

• Can bankruptcy stop foreclosure?

• Is it true that investment properties are eligible for loan modification?

Then read on. You may have a lot more options than you thought.

There is hope!

Something can be done about it!

So lets get started!

Save the house from foreclosure!

Real answers on upsidedown mortgage loan modification to save house from foreclosure. Home loss mitigation and behind in payments mortgage help Nation Wide
Offices Locations: Missoula Montana - MT and Los Angeles California - LA CA

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