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Home Relief Now offers a full service loss mitigation service for real estate professionals. We take the burden off real estate professionals looking to complete their loan modifications, short sales, deed in lieu of foreclosures and foreclosure bailouts. We understand the necessary steps needed in order to have positive results with loss mitigation files. Our staff which has a combined experience of 22 years within the mortgage industry is here to assist throughout all mitigation cases. Our staff consists of attorneys, lender compliance officers and lending staff members of loss mitigation departments. We work closely with our clients in keeping them informed on a weekly basis on all of their loan submissions. Having the correct tools and knowledge in the loss mitigation business is a key component in order to have a successful outcome. |
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| Home Relief Now has been negotiating with servicers, lenders and investors for over 10 years in the mortgage industry. We have been extremely successful in assisting numerous real estate and mortgage professionals negotiate their real estate loans so that the professional can concentrate on the most important aspect which is to generate future business. |
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PROCESS |
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We know how serious the situation is, and we know how important the home is to your client, and that’s why it is important to work with an experienced mitigation team to quickly find the best solution. Our staff will insure that all of your loan mitigation files will have the utmost and specialized attention. We have a thorough process that includes a financial analysis, file audit and weekly updates. The following are the four steps necessary to complete a loan mitigation file. |
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| Step 1-Collecting Terms |
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Every loan file must have an initial contract that is signed by all parties before it begins in loss mitigation. This agreement can be done through Real Estate Professional Company or Home Relief Now. Terms and conditions will differ from both companies. |
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| Step 2- Financial Analysis |
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| All files before being accepted through our loss mitigation department must go through a financial analysis that will be performed by one of our financial analyst. Once the file has been reviewed, a notice will be sent to the real estate professional if the file is accepted or denied. |
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| Step 3-Negotiations |
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| Once the file has been accepted in to our loss mitigation department it will be assigned to a loan mitigator. The loan mitigator will submit the financial package to the correct lender and begin negotiations. We will continue negotiations until an acceptable agreement has been received and approved by the mitigator. |
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| Step 4-Approval |
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When your request is approved, final modification documentation will be sent to the homeowner and the real estate professional for approval. We ask that the homeowner have at least 2 months of payments saved before their modification is approved to begin on their new payment schedule.
Be advised that this is a time consuming process, however, most cases take about 30 to 60 days to complete. We are here to help you every step of the way. We look forward to working with you. |
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| GUARANTEE |
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| We know how difficult it is to find good service and companies committed to solving your unique problem. We pride ourselves in making sure the job gets done the right way. Our knowledgeable staff is second to none and provides 22 years of industry experience. |
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| We have a 99% success rate and will prove it with our 100% guarantee or we will give a full refund. |
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Our company has a proven track record of success and has established solid relationships with lenders and banks and we know what they require to guarantee success |
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| FACTS |
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- 75% of loan modifications get denied because of inexperienced negotiations
- loan audits increase probability of a successful loan modification
- success rates are much higher in a loan modification if the homeowner is past due at least 30 days
- non-profit organizations do assist homeowners, they are here to help but they only go one layer deep in their assistance with struggling homeowners while knowing fully well what is in the 2nd layer. So, why don’t they go the extra mile and get into the legal arena on these toxic loans? For instance, why don’t they review every single borrower’s loan documents for legal violations?
- private organizations go the full mile to get the best possible loan modification
- most non-profit loan modifications organizations are funded by lenders
- Lenders and servicers are offering principle reductions on borrowers whose mortgage balances are in the red and owe more than the home is worth?
Yes, but this is very rare. Most lenders are using this option as the last alternative if possible
- Lenders & Servicers are not doing as much as they should to help homeowners in obtaining the best possible solutions
- loss mitigation servicers that are fully staffed with the right compliance officers and attorneys have the best results
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Get Mortgage Assistance! TOLL FREE 877-838-3776 |
