Helping Home owners Prevent Foreclosure
We provide a list of lenders for Homeowners to attempt to negotiate their loan modification on their own. If in any case the lenders are unresponsive, Elite Modifications can assist Homeowners request their loan documentation and assign their professional staff of Underwriters and Attorneys to review them for any RESPA, TILA, OFAC, and HMDA violations. These violations will help force the loan modification process, in turn, lower affordable monthly payment, lower interest rate, and/or principle balance reduction.
More than 50% of foreclosures would be avoided if people contacted their lender. Homeowners need to be proactive and aggressively pursue all options they have because all the tools are available to mitigate as much loss to you, your credit and your family.
Unfortunately, some homeowners wait too long to start working with their lenders or are short on time and receive a Notice of Default. At this point, they need to seek help from a Non-Profit HUD approved Housing Counselor or a licensed attorney.
