For A+ BBB Arizona Loan Modification for Dummies CLICK HERE
In July 2009, Arizona had the third highest foreclosure rate in the United States, third only to California and Nevada. Foreclosure filings jumped up almost fifty percent from the previous year. The center of population of Arizona is located in Maricopa County, with over 10,000 new foreclosure listings in September 2009. Prevent foreclosure by lowering monthly mortgage payments with an A+ BBB rated company.
A common misconception is that lenders would rather foreclose than modify your loan. This is not true! Lenders actually prefer to modify your loan because foreclosure is a much more costly and time consuming process. With the declining home prices and competitive real estate market it makes it difficult to re-sell your home after foreclosure. Lenders would prefer any solution where they can receive some payment. HomeStart is an A+ BBB rated Loan Modification Company who wants to help you stay in your home! HomeStart provides free consultation to analyze your current situation in order to provide a workable solution that is acceptable to both you and your lender.
HomeStart has an honorable A+ BBB rating and one of the few licensed companies allowed to perform loan modifications by the California Department of Real Estate (DRE). HomeStart is also able to take the time to work through applications that may have more details than others which HomeStart is proud to be able to have these resources and time to take care of these. The experience and hard work our underwriting and negotiating team has is arguably one of the strongest in California.
Homestart’s main purpose in assisting in your loan modification is to lower your monthly mortgage payment while providing you with accurate information regarding your specific situation and full service in setting up a home loan modification before foreclosure has the chance to set in. It is not too late to act!
Here is an example of a recent loan modification performed by HomeStart.
Property in San Diego, CA
Total monthly savings of $1,132.38/month
For more information please visit www.YourHomestart.com
For A+ BBB Massachusetts Mortgage Loan Modification Services CLICK HERE
The unemployment rate is currently almost 10%, putting the country in a position that could lead to over three million foreclosures filings this year. This would be a rise in slightly over one million foreclosure filings from 2008. Currently, Massachusetts has almost ten thousand pre-foreclosure listings, with Worcester and Middlesex accounting for a large portion of these homes. What people don’t realize is that many of these foreclosures could be avoided by taking advantage of the Economic Recovery Package that the Obama Administration put into place earlier this year. According to CNNMoney.com, with the help of loan service companies, the Obama Administration has already helped 500,000 people stay in their homes with the Homeowner Affordability and Stability Plan (HASP) he announced in February 2009.
HASP is a $75 billion plan, put into place by the Obama Administration in early 2009 in hopes of modifying distressed mortgages, keeping borrowers in their homes. Obama’s plan requires major lenders and banks to participate in reducing monthly mortgage payments to less than 40% of the borrower’s gross monthly income. The resulting losses lenders and banks incur would be refunded by Obama’s $75 billion HASP budget. HASP gives lender’s extra incentive to participate by offering compensation for each loan that they successfully modify. In addition, a principal balance reduction of up to $1,000 each year, for 5 years, is rewarded to borrowers for making consistent payments.
HOMEstart has established many close relationships with large banks and lenders and has experienced attorneys working on your mortgage or loan modification. The trusted services we provide have helped many families save their home, hundreds a month on mortgage payments and thousands off their Principle Balance. HOMEstart is not a high-volume, mortgage and loan Modification Company and you will never receive a customer number. We keep our A+ BBB rating by providing personal and dependable service to our customers. We provide free consultation to analyze your current situation so that together we can provide a workable solution that is acceptable to both you and your Lender.
For more information please visit www.YourHomestart.com
For A+ BBB New York Mortgage Loan Modification Services CLICK HERE
New York managed to avoid ranking among the top ten states facing budget disaster, according to a new report from the Pew Center on the States. Though the state did see a revenue drop of 17 percent from the first quarter of 2008 to the first quarter of 2009, New York’s relatively low foreclosure rate is what likely kept the state out of the top ten. At .76 percent, New York’s foreclosure rate was nearly half the national average, which is 1.37 percent. However, neighborhoods like Far Rockaway, Jamaica, Harlem, and Brooklyn are experiencing a significant number of foreclosures relative the rest of the state, according to state statistics.
Fortunately, there are viable measures residents of these areas may take to avoid foreclosure, thanks in part to the federal Homeowner Affordability and Stability Plan. With a $75 billion total budget, the plan aims to help a projected four million homeowners over the next three years by reducing monthly interest rates and encouraging borrowers to adopt a loan modification plan.
HomeStart provides nationwide residential, investment, and commercial property loan modifications, along with information to help prevent foreclosure proceedings from beginning. HomeStart’s established personal relationship with the country’s leading mortgage lenders makes it one of the nation’s leading loan modification service companies, and they are one of the few loan modification companies to have the accredited A+ rating from the Better Business Bureau, as well as a license issued by the California Department of Real Estate (DRE).
HomeStart’s extensive experience working in the loan modification industry provides them with great expertise in working through even the most difficult applications and terms. Contact HomeStart at anytime to discuss your financial hardship- we will listen and maintain the highest level of confidentiality. We have an entire team of experienced loan modification consultants who can help answer any questions you may have, regardless if you decide to pursue a loan modification through HomeStart.
For more information please visit www.YourHomestart.com
For A+ BBB New York Mortgage Loan Modification Help CLICK HERE
President Barack Obama and his administration launched their loan modification program in April 2009, and now it is finally starting to take off. The US Treasure Department is also encouraged by the new loan modification program which will include 3 of the nation’s largest banks including JPMorgan Chase, Wells Fargo, and Citigroup as some of the first to sign up for the new President Obama’s new loan modification program.
These banks have already begun the loan modification process under the program that kicked off earlier this year. HomeStart is one of the few loan modification companies to have the accredited A+ rating from the Better Business Bureau (BBB), and licensed by the California Department of Real Estate (DRE).HomeStart has an honorable A+ BBB rating and one of the few licensed companies allowed to perform loan modifications by the California Department of Real Estate (DRE). HomeStart is also able to take the time to work through applications that may have more details than others which HomeStart is proud to be able to have these resources and time to take care of these. The experience and hard work our underwriting and negotiating team has is arguably one of the strongest in California.
HomeStart is able to handle all the steps in the loan modification process including: Intake Processing, Underwriting, Bank Submission, Negotiations, Approvals and Contract Review. Contact HomeStart at anytime to discuss your financial hardship, we will listen and maintain the highest level of confidentiality. We have an entire team of experienced loan modification consultants who will help answer any questions you may have, regardless if you pursue a loan modification through HomeStart. We are here to help; start new, not over.
Here is an example of a recent loan modification performed by HomeStart.
Property in San Diego, CA
Total monthly savings of $1,132.38/month
For more information please visit www.YourHomestart.com
For A+ BBB Las Vegas Mortgage Loan Modification Companies CLICK HERE
Under the new loan modification program established in 2009 by the Obama administration the Making Home Affordable initiative was brought about to help home owners avoid foreclosures and most importantly be allowed to remain in their homes. The main problem that comes up is that most people do not really know what options they have when it comes to doing a loan modification. The main purpose of the loan modification process is to lower your monthly mortgage payments and HomeStart is able to give you accurate information while being able to also provide you with full service in setting up a home loan modification if the qualifications are met.
Many anguished homeowners have enthusiastically been awaiting the mortgage loan modification program’s launch since it was first announced by President Obama on February 18, 2009. The loan modification plan will call for the servicer to reduce interest rates low enough so that their monthly obligation is no more than 38% of a borrower’s income before taxes, and then the government would be able to put in money to allow the payments to drop down to 31% of their income.
HomeStart can help provide homeowners who have missed payments and are at the risk of defaulting on their loans with options for a loan modification. The Obama administration has stipulated that the government will give the lender financial incentives to help adjust an existing mortgage while reducing their payments on a month-to-month basis so that homeowners can stay on track with their current loan, and most importantly keep their home.
HomeStart’s experience working in the loan modification industry since day 1 has provided them with great expertise in working through even the most “difficult applications” and terms. Due to HomeStart’s hard work and professional work ethic they have been able to establish a great status deal with loan modifications and look forward to helping many more homeowners. Here is an example of a recent loan modification performed by HomeStart.
Property in San Diego, CA
Total monthly savings of $1,132.38/month
For more information please visit www.YourHomestart.com
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