Threatened with Foreclosure? Here is the Solution

March 26, 2012 - PRLog -- Home owners will be delighted to know that there is an alternative to foreclosure, something called a home loan modification, and if executed correctly, a modification can save you a fortune over the remaining life of your mortgage.

A loan modification is a request made of your lender to reduce some portion of your principal mortgage balance, and/or lowering your rate of interest so that your future mortgage payments become more affordable.

So how do you go about applying for a mortgage modification?

You have several options available to you:
•   Use an attorney
•   Use a loan modification company
•   Do it yourself

Many attorneys will ask for an upfront deposit and this will make it unaffordable for many cash-strapped homeowners.

Some loan modification companies have preyed on desperate homeowners in the past, and taken deposits without helping these struggling homeowners. You need to know that it is illegal in most states for these companies to be taking deposits.

The alternative is that you make your own application for a loan modification. The problem with doing it yourself is that homeowners get denied more often than not because the paperwork has not been correctly prepared, or the process takes too long because the struggling borrower did not supply all of the documentation required.

But here’s the good news!

Michael Fisher has authored a book called The Complete Loan Modification System, a step by step guide that virtually guarantees the success of your home loan modification if you follow all the designated steps.

You can learn more about Michael Fisher here: http://www.home-loan-modification-system.com/About_the_Au...

And Michael Fisher should know. The former highly successful investment banker is the most successful loan modification expert in the USA. In the past four years, Mr. Fisher has modified almost 400 mortgages, with only seven having been denied.

To find out more about The Complete Loan Modification System, please go to: http://www.home-loan-modification-system.com

Don’t lose your home to foreclosure. You have worked too hard for that. Have the courage to do it itself.

Yes, you can!

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We can help you with your mortgage modification.

We also have available for sale The Complete Loan Modification System, by Michael Fisher, the leading mortgage modification expert in the USA.

Foreclosure is unnecessary. Contact us today!

http://www.home-loan-modification-system.com