Home owners and Brokers: Modpro Provides Workable Mortgage Loan Modifications that Forgive Debt and Stop Foreclosure
In today’s climate of economic stress, home owners facing the prospect of foreclosure need real and viable solutions. Modpro offers homeowners workable loan modification solutions when the original mortgage has become unmanageable.
When a more standard refinancing arrangement is not an option, Modpro provides brokers with realistic loan modification and other loss mitigation strategies to present to their clients. The completely new website at www.Modproinc.com offers comprehensive information about loan modification and a dedicated Brokers section to help mortgage professionals present the best possible loan solutions to their clients.
Modpro loan modification solutions work for both the homeowner and the mortgage lender. In this time of rampant foreclosure, lenders have become much more open to creating ways for their customers to keep paying their mortgages. Loss mitigation can include a reduced interest rate, mortgage principle reduction, lien modification, partial debt forgiveness, a new fixed rate loan, and a decreased monthly payment. Lenders encourage homeowners to look into loan modification options at the first signs of impending mortgage issues, well before foreclosure help is necessary.
This established loan modification company has offices conveniently located in California, Connecticut, and New York, each with loan specialists with experience and knowledge in loss mitigation procedures for there region and beyond. Modpro is available to sit down with brokers and homeowners at their CT, CA, and NY offices to review loan modification options and explain how the process works.
For each loss mitigation case, Modpro provides an in-depth review and analysis of the home owner’s financial situation. The most promising loan modification strategy is then presented to the broker to share with the mortgage client. When approved to move forward, these creative loan specialists prepare a detailed summary for presentation to the lending company. Modpro handles all negotiations with the lender and all the details of moving the loan modification process along to a favorable outcome—significant and workable relief for the homeowner.
The benefits of loan modification are great for both the mortgage lender and the borrower:
• Home owner credit rating remains in good standing.
• Neighborhood home values are not adversely affected.
• Foreclosure is avoided with the chance to sell later at
a great price.
• Debt is forgiven, avoiding the stress of legal proceedings.
• The homeowner and family get to remain in their home at
a monthly payment that is workable!
• The lender keeps a loyal customer who can now pay
the monthly mortgage.
Brokers, lenders, and home owners looking for a California loan modification expert, a Connecticut or New York loss mitigation company, or mortgage help anywhere across the country, can contact Modpro at 1-866-257-0868 or via their new website at www.Modproinc.com.
- Contact Information
- John Kealey
- Modpro Loan Modification
- Contact via E-mail
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