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Loan Modification Help For Those Struggling With Foreclosure Or High Payments


WEBWIRE

Florida - January 27, 2011 — As many homeowners are struggling with the reality of losing their home to foreclosure, new loan modification programs are becoming available to provide help with these problems. www.usmortgagerelief.org leads the way in educating and assisting consumers in an effort to match them up with the best modification program.

When the Real Estate Market Weakened in mid 2005 many homeowners were stuck with high interest rate or adjustable rate mortgages. Unable to keep up with payments, there were very few options available to help these borrowers. As this has finally become a recognized problem, many new options are now available and referred to as a loan modification.

www.usmortgagerelief.org was established to educate and inform struggling homeowners that help is available. In many cases a foreclosure can be prevented and mortgage payments can be reduced permanently with a modification. Since credit and home equity are not considered negative factors anymore, many can now qualify for assistance. Although results can vary, a significant amount of homeowners reported a 35% or more decrease in mortgage payments upon completion.

Borrowers looking for lower mortgage payment or seeking help in preventing foreclosure can visit www.usmortgagerelief.org or contact them directly at 888-563-6060



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