San Diego A+ BBB Mortgage Loan Modification Help | El Cajon, Vista, San Marcos

Jan. 22, 2010 - PRLog -- For A+ BBB San Diego Mortgage Loan Modification Services go to www.YourHomestart.com

The year-end report from RealtyTrac.com shows that 2009 had a substantial increase of new foreclosures from 2008, and a 120 percent increase from 2007. This means that there were almost four million reported foreclosure filings in 2009! California had the fourth highest foreclosure rate in the United States, with over 630,000 homes receiving foreclosure filings. San Diego County is one of the areas to be hit the hardest, with the city of San Diego reporting 2,435 new foreclosure filings in December of 2009. El Cajon, Vista, and San Marcos also had a large amount of new foreclosures last year. If you are having financial difficulties and find yourself at risk for losing your home, call HomeStart to find out if you qualify for a loan modification.

What is a loan modification?

A loan modification is a permanent change in one or more of the terms of your loan in order to make payments more manageable. The purpose is to allow the borrower to meet the new terms of the loan, allowing them to prevent foreclosure. Loan modifications can lower your interest rates, monthly mortgage payments and the principle balance. This benefits not only you as the homeowner, but it is also less expensive for a lender to modify your loan rather than going through the costly process of a foreclosure.

Why choose HomeStart over a law firm?

There are a number of reasons to choose a loan modification specialist like HomeStart over a law firm.  The cost is usually much higher with a law firm. Law firms typically do not offer fixed rates for home loan modifications. They often charge hourly, which can lead to prices 2 to 3 times higher than those of loan modification specialists. Lawyers charging hourly will want to maximize their profit, which means the loan modification process will not only be more costly, but take more of your time. Law firms also do not uphold the same standard of customer service as HomeStart does. If you want to save money, time and experience better service, HomeStart is here to help.

HomeStart was rated an A+ mortgage loan modification company by the Better Business Bureau (BBB).  This A+ rating reflects that HomeStart has established personal relationships with the largest mortgage lenders to expedite the loan modification process. BBB's accreditation represents the BBB's degree of confidence that the business is operating in a trustworthy manner and will make an exceptional effort to provide the contracted services, while also providing a high degree of customer service. If you are unsure if you qualify for a loan modification or simply would like more information about the loan modification process, don’t hesitate to visit our website or call HomeStart for a free consultation.

For more information please visit http://www.YourHomestart.com

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HomeStart is the only BBB accredited & DRE licensed Loan Modification Company in California. HomeStart specializes in loan modification services to help you prevent foreclosure and stay in your home!