How To Modify Your Loan For Free

The process of trying to modify your mortgage loan can be quite a challenge, especially if you're unfamiliar with the process.  Gathering all the necessary information and the amount of paperwork involved for a loan modification is probably one of the biggest challenges for many people.  If you omit or forget something, your application will be backed up which can slow down the entire process.  Another challenge that people face is the time issue.  Keep in mind that it can take anywhere from 30 to 90 days for a loan modification to complete. 

To make the loan modification process go as smooth as possible, here are a few things you can do:

  • Create a checklist of information and paperwork you'll need to provide to your lender.  We can help you with this.
  • Don't procrastinate.  The sooner you send off the paperwork to your lender, the sooner you get the process started.  Always keep in mind that time is of the essence!

  • Be patient.  Don't call the bank everyday to check the status of your application. 

To get started with modifying your loan, fill out the form on this page and visit the "Get Started" page.


10 Loan Modification Myths

Myth #1 - You have to be late on your mortgage payment to qualify for a loan modification.  You don't necessarily have to be in default to apply for a loan modification, but lenders will pay more attention to you if you are.

Myth #2 - A loan modification costs a great deal of money.  A modification can actually be free, minus the required paperwork and fees, if any.

Myth #3 - You can only modify a variable rate loan.  The truth is that you can apply for a loan modification on a fixed rate or variable rate loan.

Myth #4 - Lenders are doing everything they can to assist struggling homeowners.  If this was the case, you wouldn't be in this mess to begin with. 

Yes, it is possible to walk away from your home without any debt, but you have to take action and get the help you need.  For more information about the free loan modification or short sale process, contact us by filling out the form on this page or by calling us right away at 858-342-9292 x.103

Why pay an attorney or loan officer $1000-$5000 when you can get a free loan modification or do a short sale with us. We will show you how, call us today to learn the secret.

Our service is free and will cost you nothing.



Myth #5 - Banks and lenders want to foreclose on homes.  It actually costs the banks more if they foreclose on your home.  If the bank has someone in a home that wants to stay in the home, then the bank stands a chance of retaining some of their profits on their original loan.

Myth #6 - You can't qualify for a loan modification if you have poor credit.  In a loan modification you are not asking for a new loan, so therefore your credit doesn't have anything to do with it.  All the bank is doing is changing the loan's terms. 

Myth #7 - It's better to declare bankruptcy or walk away from the home than ask for a loan modification.  In actuality, your credit can take more of a hit if you do declare bankruptcy or walk away from your home. 

Myth #8 - You can’t stop the foreclosure process.  A loan modification can actually stop the process as close as seven days before the sale date.  However, the sooner you get started, the better.

Myth #9 - It’s an instant solution to mortgage problems.  You will still have a mortgage after a loan modification, so it's important to work out terms with the bank that will make it comfortable for you to continue making those payments. 

Myth #10 - You can do it on your own.  Well, you actually can do it on your own, however, it takes so much more work and the results probably won’t be the same had you gotten help from an experienced specialist.

Get the help you need now by filling out the form on this page and visiting the "Get Started" page. 

This is a free service. Any information you give us remains confidential.