The Ultimate Loan Modification Guidebook
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While much of the book goes into the exact details of how to Pre-Qualify yourself for a Loan Modification, put together a successful Proposal, and talk to your bank, we start out by covering the basics of most popular mortgage programs.
The first step in putting together a successful Loan Modification Proposal is determining which aspects of your loan are troublesome and need to be modified.
We break down these programs and examine their potentially troublesome characteristics, helping you build the foundational arguments of your proposal.
* There are a handful of program characteristics that upon becoming problematic for a borrower, will cause a bank to almost automatically modify the loan upon formal request.
Comprehensive and detailed instruction from Mortgage Industry Professionals on:
- How to properly identify your situation.
- How to Identify and Examine your entire range of options.
- Understanding the bank's perspective on a modification vs. foreclosure.
- How to "Pre-Qualify" yourself based on the most commonly used criteria.
The Ultimate Loan Modification Guide book also comes included
with the following:
- All of the forms that you will need both to Pre-Qualify yourself and
those that you will have to submit to the bank as part of your
proposal.
- A complete list of all of the backing documents you will potentially
need as part of your proposal. Including document lists specific
to many different situations.
- Multiple Examples based on varied situations.
The world of loan modification is changing rapidly...often monthly...sometimes even weekly.
Your affiliation with The Ultimate Loan Modification Guidebook does not end with your purchase. We are in this with you for the long haul and will continue to update the book as necessary.
As our valued customer, you will ALWAYS have the latest version.