The program is designed to achieve affordable and sustainable
mortgage payments
for borrowers and to
increase the value of
distressed mortgages by
rehabilitating them into
performing loans.
The loss mitigation process can be led by either
an employee or representative of the lien holder
or a third party that works
strictly for the best interests
of the home owner.
Absolutely not! The fact is, the lender doesn’t want your house.
What they want is for
you to pay your mortgage,
and if they can help you do
that, many lenders will.
Patriot Law Firm provides professional Foreclosure Prevention services and is a leading Loan Modification and Loss Mitigation company. We have assisted thousands of homeowners in avoiding foreclosure and keeping their homes. We also have an Institutional Services Division that
works with Lenders and Government Entities.
Lenders are willing to negotiate when borrowers are facing financial difficulties and can’t obtain other financing alternatives. We show
the lender why it would be in their best interest to agree to a workout arrangement. In turn, the Lender may reduce the loan interest
rate, reduce monthly payment amounts or change other loan terms to allow for an affordable loan to allow the homeowner to avoid
foreclosure.
Notify
lender online pharmacy no prescription you are represented by a Loan
Modification Advisor Complete
a financial analysis of your situation Prepare
a case to present to your lender Help
you create an effective hardship letter Prepare
a property value report Present
your package to your lender Negotiate
a new lower payment Provide
a modification agreement