| Loss Mitigation Qualifications |
|
Do I Qualify For Loss Mitigation Services? You qualify for loss mitigation services by a loss mitigation attorney if you are facing hardship. Has your situation changed? It doesn’t have to be that your mortgage interest rate adjusted or will adjust and your payment will be higher each month, but maybe your financial situation changed. Has your income descreased? Maybe you are not making as much money currently compared to when you signed your current original mortgage documents. Has your monthly expenses increased compared to when you signed your loan docs? Whatever the case, if you are behind on your mortgage payments or are concerned that you will have trouble making your future loan payments because times are tough and your finances are tight each month, you are classified as being in hardship. Contact a loan modification attorney now to get loan modification help. In addition, you will qualify for loss mitigation services and we CAN HELP YOU if you are experiencing any one of the following: * Inability to refinance due to high Loan To Value (LTV) or loss of equity. * Inability to refinance due to lack of positive credit or late mortgage payments. * Rate currently adjusting or going to adjust * Do you have a "Pick-A-Pay" or Minimum Payment Loan * Financial hardship (job loss, pay reduction, medical bills, divorce, etc) * Facing Foreclosure What stops a lot of homeowners from taking steps to prevent foreclosure is that you think some kind of miracle is going to happen that will stop the process without you doing anything or taking any steps to stop the process legally. You are in a state of denial. By the time you realize that a miracle is not coming, it’s too late. Reality will hit you hard when you see a Sheriff’s note on your door giving you a FEW DAYS to pack up all of their belongings into a UHAUL and move out before your house goes up for auction. If you haven’t made a mortgage payment for a few months, then this reality will come any day now. You will lose your house. It is inevitable. Let’s just hope you have a place to stay and store a whole house full of belongings. Be proactive! Get loan modification help RIGHT NOW. It is not too late. You can stop this process by contacting a loan modification attorney today to help you with loss mitigation. |