Step 1 - CONSULTATION/Prequalification

We will review your situation to make sure that a loan modification is right for you. 

Step 2 - GATHER FINANCIAL DOCUMENTS

What is Needed:

    * Proof of income. This can include W2's, pay stubs, rental agreements or bank                                             statements.

    * Hardship letter (explain what happened that made you fall behind)

    * Most recent mortgage statement

    * 4 months of bank statements

    * 2009 W2's

    * Tax returns for 2008 & 2009

    * Monthly Expense Sheet
         

What Happens Next
We review and analyze your information in order to compile a negotiation package to submit to your lender. We will fully analyze your case before we begin negotiations.

NOTE:  This process my take up to 45 days to complete depending on how fast you provide us with the necessary information.

Step 3 - NEGOTIATIONS
Our Team will submit your financial package to your lenders and begin negotiations.  We will continue negotiations until an acceptable agreement has been received and approved by you the homeowner.

STEP 4 - APPROVAL
When your request is approved, final Loan Modification documentation will be sent to you for your approval.  We ask that you have at least 2 months of payments saved before your modification is approved to begin on your new payment schedule.

Time Frame
Most cases take about 60 to 90 days to complete.  We are here to help you every step of the way.  We look forward to working with you.