Resources

At Modification Zoom, we are committed to your financial stability and peace of mind. If you have been spending nights tossing and turning, kept awake for fear of an ARM adjusting, or not being able to afford your mortgage payment, we are here for you, and we can help you save your house from foreclosure.

It is encouraged that you contact your lender, however it is important for you to have legal counsel present in all communications with your lender, especially if you are behind on mortgage payments.

There are a myriad of articles than provide great insight into loan modification programs that our staff has made readily available addressing pertinent issues that will help you become more informed regarding the latest foreclosure news, lender guidelines, and important information regarding loan modifications.

The greatest foreclosure prevention and assistance that you can offer yourself as a homeowner is to become knowledgeable of the facets of loss mitigation and how you can get mortgage help. Modification Zoom offers free and confidential consultation on mortgage help to help you achieve a mortgage loan modification, short sale, or other loss mitigation solution that will aide you in becoming financially stable.

Loan Modification Help for Homeowners

We are proud to provide information on loss mitigation guidelines, as well as up to date loan modification news to help you save your home and achieve lower, affordable payments through our website. Additionally, we provide representation for a variety of loss mitigation solutions, including loan modification, short-sale, deed-in-lieu of foreclosure, debt-consolidation, and forebearance.

As we constantly update modificationzoom.com with fresh and relevant articles, the best way to stay abreast of news that could possibly save your home is to subscribe to our rss feed!.

What is a loan modification?

Also referred to as a mortgage modification or loan workout, a loan modification is an agreement between you and your lender to amend the terms of your current mortgage. The ultimate goal of a loan modification is to help you achieve an affordable payment to prevent foreclosure. Loan modifications are used to create a win-win for the lender and homeowner, and usually result in lower interest rates, lower payments, modified loan terms, and even loan balance reductions.

How do I know if I qualify?

There are a number of factors that determine eligibility for loan modification. The most important thing is to show that there is a financial hardship that is causing you to be unable to make your current payment, but that you can afford a lower, modified payment. Additional factors include the type of hardship, ability to repay the loan, the amount owed, the amount of equity in the home, your future financial situation, and the lender benefit to agreeing to a modify your mortgage. Complete an application to the right and we will contact you immediately!.

Do you take on clients / can ModificationZoom represent me?

Yes! We are over 97% successful in negotiating aggressive modifications for our clients, and 100% guarantee our results. We have helped over 900 homeowners to lower their interest rates and payments, with lenders such as Countrywide, Bank of America, Litton, Wells Fargo, Saxon, WaMu, Wachovia, Fifth Third, Citi, GMAC, and many more, and can guarantee a loan modification that will get the results you are looking for.

Informative Blog Posts

Department of Housing and Urban Development (HUD)

Federal Trade Commission (FTC)

Office of the Comptroller of the Currency (OCC)

Internal Revenue Service (IRS)

More Great Mortgage Help Sites

Lender Loss Mitigation Department Phone Numbers

Need to contact your lender? Find their telephone number below!