Tuesday, July 14, 2009

What Banks Are Approving Loan Modifications

http://www.2ModMyLoan.com Stop foreclosure
Easiest Banks to Get a Loan Modification with right now are:
The Loan Modification industry is booming right now. Many of the banks are getting easier to work with.



The lenders saying yes the most are :
Citi, WaMu, Formerly Washington Mutual but now is Chase, Aurora, and Select Portfolio. Those last 2 are loan servicing companies but they have authority to negotiate mortgage loan modifications.
=====Some Lenders That Are Still Difficult:
Bank of America, Wells Fargo, Litton Loan Servicing, Indymac.
=====These Lenders Have Been and Still Are Difficult:
Countrywide, Wachovia, Ocwen, Homeq, and HSBC.

For the last group you may want to use a 3rd party like my company, you would be more likely to get your mortgage loan modified.

If your lender is listed in the 1st 2 groups, you might want to http://www.97DiYLoanModKit.com and use this mortgage modification system first before spending the typical $3000. It's basically like Loan Modifications for Dummies, please don't be offended. It has forms, worksheets, scripts and video step by step instructions, making the loan modification simple, if you have a cooperating lender.

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