Stop the foreclosure process today.

Mortgage Bailout

Do you Need Assistance Making Your Mortgage Payments?

Are you 1 of 30 million Americans who are struggling to make their monthly mortgage payment? The economy is wreaking havoc on homeowners due to job losses, interest rate increases, and reduction in house values. The Federal Government is aware of the challenges we as homeowners face. Therefore, in 2008, the Senate introduced a legislative package intended to address the national housing crisis and help Americans avoid foreclosure. The Housing and Economic Recovery Act of 2008 resulted. One element of The Housing and Economic Recovery Act of 2008 is designed to save America’s hard-working families from foreclosure. The process is called Loan Modification and it is available to you now!

What is Loan Modification?

Loan modification is a service whereby a homeowner's mortgage is modified and both lender and homeowner are bound by the new terms. The most common modifications are a lowering of the interest rate, reducing the principal balance, 'fixing' adjustable interest rates, increasing the loan term, forgiveness of payment defaults & fees, or any combination of these. Foreclosure-Shield.com’s Loan Modification specialists can help you determine the best modification option for your unique situation. Please fill out our form and we will provide you with a free Loan Modification evaluation.

Can I Negotiate A Loan Modification On My Own?

Of course. However, negotiating and closing a loan modification is like representing yourself in court: it is possible, but you must decide if you are willing to take the time and assume the risks on what is likely to be your most valuable asset. There is no such thing as a 'Do-It-Yourself' Loan Modification. A Loan Modification is a complicated legal procedure. Many times homeowners turn to Foreclosure-Shield.com because they have reached a dead end when attempting to negotiate a loan modification on their own. For a real life example of the frustration that can result from the Do-It-Yourself Loan Modification, please see this ABC News Investigation on Loan Modification.

Recent Articles
Loan Modification Can Work For You It is a remarkable situation that we as a country find ourselves in today when family homes are being foreclosed on with a scope and scale never before seen. Clearly the current U.S. recession and worldwide economic crisis is much to blame for this scenario. One might think that there might be no glimmer of hope in sight, and that banks might act too quickly nowadays to foreclose on homes if the borrower begins to fall behind on their monthly mortgage payments. But such is not the case. The fact is that most people facing the prospect of foreclosure can stop the process in its tracks and... (READ MORE)	Stop Foreclosure With A Loan Modification There are many alternatives to foreclosure, but many people are unaware that they exist. If you are among the millions of homeowners struggling to pay their mortgage or if you are already in foreclosure, you need to know that you have an alternative. You could try to sell your home in a market where no one is buying, or you could attempt to get a refinance loan, but those options leave a slim chance for success. The best option is for you to take advantage of the qualified professionals that work in the mortgage loan modification industry and see how they can help you lower your payments or in... (READ MORE)
VIEW ALL ARTICLES >

top

Free Evaluation

Your info

	*

	*

	*

	*

	*

	*

	*

	*

Morgage Info

	*

	*

	*

*
YES NO

*
YES NO

bottom