Compare Your Options

You should compare all your options - Here are the three most popular:

1)  Do-It-Yourself Kits:  You can buy one of the off-the-shelf kits available on Craigslist or Ebay - And they will do a decent job of covering all the same information in your modification paperwork you receive from your lender.  They usually have an example of your "Explanation" / "Hard-ship" letter and the same basic information to calculate your income-to-debt ratios.  This option still only delivers the most basic information - And relies on your lender's loss mitigation/modification clerk to manually calculate and report the findings.  This leaves multiple chances for the overworked staff to make just one simple input mistake and deny your modification request.  According to US Treasury Department data - Only 21% of client direct modification requests are approved.

2)  Typical Modification Companies:  These companies are usually staffed by commissioned salespeople (most commonly former loan officers) who are paid from whatever upfront fees they can convince you to pay.  They might do a better job packaging your paperwork with a slicker presentation of your documentation - But you are still leaving the decision process in the hands of the overworked modification clerks.  This is reflected in their slightly higher approval rates of 41%.

3)  Zero BS Mortgage Modification:  Your turn-key "Ready-To-Submit" approval package is fully documented - Including building your case file with supporting cash-flow analysis proving you qualify under both the lenders and US Treasury Department guidelines.  Your approval package arrives with the exact same spreadsheet the lenders use to make their decision - Eliminating the possibility of errors causing your denial.  (See "NPV Spreadsheet")  The rest of your approval package consists of your documented income and asset ratios and your personalized "Explanation" / "Hard-ship" letters - With the all important summary paragraphs including all three "approval points" required for your lender to stamp your case file with a big blue "APPROVED". 

You also have the ability to earn a $50 cash credit for every client you refer to our service.  We know you have family and friends who need expert advice - When trying to modify their current mortgage.  Please pass along our information.  You can trust they will recieve the same high levels of respect and diligence.