Nevada A+ BBB Mortgage Loan Modification Programs | No Upfront Fees | Pahrump, Gardnerville, Fernley

Feb. 12, 2010 - PRLog -- For A+ BBB Nevada Mortgage Loan Modification Services go to www.YourHomestart.com

Nevada topped the nation for the highest foreclosure rate in 2009, with over 112,000 homes foreclosed!  This was a 44% increase from 2008, according to RealtyTrac. Fortunately for distressed homeowners, loan modifications are becoming more prevalent and regulated. HomeStart is accredited by the BBB and provides loan modification services to the many who qualify.

What is a loan modification?

A loan modification is a permanent change in one or more of the terms of your loan. The purpose of a loan modification is to allow the borrower to meet the new terms in order to prevent foreclosure. A loan modification is not a refinance; it is a renegotiation of the loan terms. In other words, a loan modification is a contractual agreement between the Lender and the Borrower to provide long term relief from unaffordable loan terms. Loan modifications can lower your interest rate, monthly mortgage payments, and the principle balance. Since the cost of foreclosure to the Lender is higher than new terms, lenders are open to loan modifications to prevent foreclosure. HomeStart is here to help you through this process.

Why choose HomeStart?

The advantage of using a loan modification company like HomeStart over trying to work directly with your lender is that most lenders do not have the time and personnel to accommodate your request. At HomeStart we focus on providing excellent customer service to understand your unique situation. Our team of experienced loan modification consultants is here to help you start new, not over.

HomeStart is one of the few loan modification companies with an A+ rating from the BBB in both the Loan Modification and Real Estate Loan Modification categories. In addition, HomeStart is licensed by the California Department of Real Estate (DRE). HomeStart offers free consultations with experienced representatives and strives to find the best solution to keep you in your home.

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

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About HomeStart: HomeStart is an A+ BBB accredited company based out of San Diego, California that offers loan modification services nationwide. HomeStart is also licensed by the Department of Real Estate to provide turnkey loan modification services.