We have one simple and straightforward goal: We want to help you, the homeowner, avoid becoming a statistic in the current housing crisis. Our entire purpose is to help you keep your home. We are experts at loan modification. We do nothing else. The United team of real Home Loan Modification professionals, with years of experience and team of professionals will guide you through the whole process of home loan modification. if you decide to use the hud we offer Help not hope  One of our mediation agents will assist you in the preparation of all of the necessary financial paperwork -- and then you can sit back and relax. Our professionals will take it from there. We will contact the lender, present your case, and negotiate the best possible terms. Our highly respected Team is experienced negotiators who will successfully work out a favorable Home loan modification agreement with your lender. What is the end result? You will be able to lower your monthly payments, enabling you to stay in your home. Whether your mortgage is for $100,000 or for $10 million, you must take the first step so we can work together with your lender to find a solution. There are several options when you are facing financial difficult especially a burden of a mortgage loaming over your head. We recommend you review these options and consider which option you think best fits your personal situation. Our financial professionals can offer assistance to determine your optimal plan of action. Some of your different options are: reinstatement, a workout program which includes Forbearance, Restructuring, and partial claim, short sale, refinance, deed-in-lieu of foreclosure, and foreclosure. A Reinstatement is an option if you are behind on your payment. This option states that you pay the lender back all of the payments to bring your mortgage current. This option is rarely achievable and not always beneficial because of addition late fees and attorney fees charged by your lender. There are a couple different types of Loan Workout Programs. We talk directly to your lender to help bring you current. The workout option of Forbearance is the arrangement of a payment plan. This can postpone your principal payments for a certain period of time while you pay only interest. This option is mostly used during a temporary loss of employment or unexpected tragedy. The next workout plan that may be available to you is a Loan Modification or Restructuring. This is when the terms of your loan are changed, either the loan amount or interest rate, to help you meet your mortgage obligation based on your financial capabilities. Lastly, a Partial Claim workout program is when the repayment amount is applied to the balance and you continue normal payments. These are the options you have with your current mortgage. However, there are other ways to handle the inability to make your mortgage payment. Again, these options might not necessarily be the best for your particular situation. When most people think of change their terms, they Refinance. We have established affiliations with very well-known lenders. It is best to try to refinance before you reach the point of facing foreclosure. Some lenders will refinance a property in foreclosure if there is enough equity in the house. There are alternatives to a traditional refinance if you are upside down on your home or have fallen behind on your mortgage payments, you may want to explore a loan restructuring with your mortgage lender. Mortgage lenders and loan servicers typically have a designated department and staff that are referred to as the loss mitigation department. This area of the company has the ability to review a borrowers loan and make potential changes to the loan terms as lowering the interest rate, extending the borrowers current rate or changing the term. Loan Restructurings can be especially beneficial to a home owners who is currently upside down as the changes allows the lender to make changes to the mortgage without following traditional underwriting guidelines Most lenders will review a borrowers entire scenario before determining if the borrower and lender may both benefit from a workout solution. Most mortgage lenders are aggressively working with home owners who have struggled with house payments that may have adjusted and they no longer have the equity in their homes to refinance as a way to proactively help these individuals avoid foreclosure.