If you are suffering financial hardship through no fault of your own, expert loan modification info may be precisely what you need. If you are able to prove hardship, along with an ability to pay your monthly mortgage at a reduced rate, loan modification may indeed save the day as well as your house. If you are like most Americans, your house is the largest financial expenditure you will ever make. Owning a home is a big part of the American Dream, and it would be a tragedy if you were to lose it because you couldn`t keep up with your mortgage payments.
During the housing boom of the 1980s and 1990s, many people were able to secure financing by being dishonest about their actual income. While this may have seemed like a good idea at the time, many people wound up buying a lot more house than they could actually afford. If you misled your lender about your income, we will probably not be able to help you in obtaining loan rate modification. If, however, you were honest about your income and debts, we may be able to help you restructure your home loan. You will need to be able to prove financial hardship as well as an ability to pay your mortgage at a new, reduced rate. Examples of economic hardship are the loss of your job or a reduction in wages, divorce or the death of a spouse. Certain medical situations may also qualify you for loan rate modification. Contact CDA Law center for loan modification info as soon as you can.
A reputable loan modification outfit will conduct a thorough analysis of your financial situation before accepting you as a client. They will also do a forensic examination of your loan documents to find any violations in your contract. The fact of the matter is, an honest loan modification specialist will refuse roughly forty percent of the hopeful homeowners that come to them. If you contact CDA Law Center looking for loan modification info, we will carefully examine your situation before we take you on as a client. We are able to obtain loan modification for the vast majority of our clients, because we are so careful about choosing who we will work with. Federal programs such as the Making Home Affordable program have very precise guidelines which the borrower must conform to perfectly. While it may indeed be possible for an average American citizen to navigate the reams of paperwork the Making Homes Affordable program requires, it is not recommended that they try to do it on their own. When you have the guidance and assistance of a qualified law firm such as CDA Law Center, you stand a much better chance of qualifying for this and other loan rate modification programs. Gather your loan documents and give CDALC a call at 877.499.4435 at your earliest convenience. The sooner you contact us, the sooner you may be able to save the home you love.