What is Loan Modification?

2 million homeowners may face foreclosure over the next couple of years. Loan Modification is arguably the most effective tool you can use if you are behind on your mortgage and desire to save your home. In the past this was only used when a borrower was delinquent and suffered a hardship such as a job loss, divorce, illness etc. Now, mortgage help is available for borrowers who are stuck in these toxic adjustable rate mortgages and cannot refinance out of them as their payments are going through the roof. However, people who attempt to do a loan modification on their own have a high percentage of being turned down or not receiving as much of a reduction in their loan amount or interest rate as could have been possible with our assistance.

At Ultimate Home Loan Solutions:

• We know what requirements our client's lender needs for a loan modification.
• We have established a rapport with most servicing company's loss mitigation departments and we have closed loan modifications in as fast as 1 day.
• We have a team of Real Estate Attorneys along with our Negotiators/Mediators which will produce the best possible results for our client's situation.