We offer qualified house buyers that pay cash or can submit multiple offers. Servicing Houston Texas, contact us at 1-832-377-0358 begin_of_the_skype_highlighting              1-832-377-0358      end_of_the_skype_highlighting.

Loan Modification Negotiations

April 21, 2008

in Community Blog

loan modification negotiations
Loan Modification Negotiation?

How do I negotiate with the bank for a better program than what they pre-qualify me for?

Use a third party to negotiate on your behalf. While homeowners don’t need to pay a company to obtain a loan modification, sometimes it can be better to have someone, such as a lawyer or credit counselor, negotiate on your behalf. A good strategy is to talk to as many experts as you can prior to contacting your bank. Many of these services will give you a free consultation.

But be careful. There are a lot of scammers out there. First thing to do is visit www.makinghomesaffordable.gov. This is run by the government and will outline the process and let you know if you qualify.

A good site to begin can be found www.credit-hub.net/loan-modification where I entered some details about my current mortgage and the company got back to me multiple loan modification proposals-no cost, no obligation. Even if you don’t use one of the providers, it’s good to see what’s possible. Always ask lots of questions!

Leave a Comment

Previous post:

Next post: