Hello, welcome to our information site for LawFirmLoanHelp.com. Thank you for giving us the chance to help you today. Let me tell you a little bit about what we can do to help you. We are working with a company called MODS123. We help people who need help with their mortgage, and we do that by having our team of attorneys negotiate loan modifications with lenders.
We work on a two step process:
- We put together a package showing a financial hardship for you. Our attorneys will evaluate your file and your hardship for free. If they accept your file, then we will move to step 2. This evaluation process takes 24-48 hour and there is no fee to have your file evaluated.
- The second step is to present your complete file to the attorney. After they receive the complete file, they will collect a fee for service and then start the process.
The attorney’s fee for service is $2695 and it comes with a 100% money back.
Just so you know, the process is not a refinance so your equity position and credit scores don’t play a role.
Also, we’ve been seeing interest rates between 4 and 6 percent on a 30 year fixed mortgage payment, regardless of your cedit scores, would you like that? Of course that also usually means a nice reduction in your mortgage payment as well. Would you like your mortgage payment reduced to something you can afford? Please realize that we cannot guarantee any interest rates or mortgage payments because every file is different. All I can tell you is what we’ve been seeing in the past.
Ok, so let’s submit your information and see if the attorneys are able to accept your file. After I submit the file, we will hear back from them in 24-48 business hours. At that time, I’ll contact you and we can go over what the attorneys say. Ok?
Ready to start? Email us at loanmods@lawfirmloanhelp.com with your contact information and the best time to contact you. Have your information ready to fill in this Law Firm Home Loan Modification Quick Qualification Form. Our evaluation is free of charge. Tell us a little about your situation and what we can do to help you.
Here are few examples of recently completed modifications.
Recent Completed Modifications:
Client 1 Starting Balance: $187,154.80 New Balance: $149,723.84 Starting Rate: 8% New Rate: 5.75% Starting Payment: $1,769.77 New Payment: $1,113.92 Loan Type: NegAm ARM Loan Type: Fixed Summary: Client was $7,800 in the rears. They received a $37,430.96 principal reduction, back payments and fees were waived and the client saved $655.85 per month Client 2 Starting Balance: $576,714.88 New Balance: $576,714.88 Starting Rate: 7.75% New Rate: 2.75% Starting Payment: $4,075.00 New Payment: $2,458.23 Loan Type: NegAm ARM Loan Type: 5/Fixed Summary: Client was current at the time of modification. Rate was reduced to 2.75% for five years and then fixed for 25 years at 5%. Monthly saving is $1,616.77. Client 3 Starting Balance: $223,558.87 New Balance: $184,500.00 Starting Rate: 10.125% New Rate: 4.820% Starting Payment: $1,830.79 New Payment: $1,113.92 Loan Type: ARM Loan Type: Fixed Summary: Client was scheduled for foreclosure. Foreclosure was stopped, principal was reduced by $39,058.87 and the client saved $1,005.31 per month.
Home owners are finding the relief they need through loan modification. Here are a few pointers on what a successful loan modification candidate looks like.
Answer these questions to determine if you are a potential successful loan modification candidate:
1. Do you possess the means and desire to pursue a loan modification?
2. Do you possess a genuine hardship? Hardship examples are:
a. Job Loss
b. Medical Bills
c. Increased property taxes
d. Child’s college tuition
e. Credit card debt
f. Divorce
g. Called to active military duty
h. Reduced income
i. Increases living expense
Note: These are only examples of possible hardships. Each client is unique and will possess their own unique hardship. A hardship may be present if the client is currently having financial difficulties or if the client will have difficulties in the foreseeable future. Being upside-down or owing more than what your house is worth is NOT a hardship. A bank will not accept a loan modification situation where the candidate is still not able to service the debt even after the loan modification. A loan modification candidate's current financial situation must have a legitimate hardship - being upside down in your property value doesn't qualify as a hardship - there has to be difficulty in making the monthly payment/obligation. This is a program to keep you and your family in your home by putting you in the financial situation that you can afford your home. We must identify legitimate hardship and your ability to make the new payment with a valid source of income after the loan modification.
Get started right now! Email us at loanmods@lawfirmloanhelp.com with your contact information. Have your information ready to fill in this Law Firm Home Loan Modification Quick Qualification Form. Our attorney's evaluation is free of charge!
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Need more information? Review the rest of the materials on this website, and to submit your contact information for us to reach you. We will promptly respond to your messages within 24 business hours.
Here are some more recent examples of successful modifications:
| Before Modification: | After Modification: |
| Lender/Servicer: Ocwen | Lender/Servicer: Ocwen |
| Loan Balance: $129,480.95 | Loan Balance: $129,480.95 |
| Interest Rate: 10.38% | Interest Rate: 0.75% (not a typo) |
| Type: Fixed | Type: Fixed |
| Monthly Payment: $1,152.84 | Monthly Payment: $402.32 |
| Includes: PI | Includes: PI |
| Amount Delinquent: N/A | Amount Delinquent: N/A |
| Term: 360 | Term: 360 |
| Summary: Payment reduced by $750 per month and new rate fixed at 0.75% for life of loan. | |
| Lender/Servicer: Wachovia | Lender/Servicer: Wachovia |
| Loan Balance: $324,947.28 | Loan Balance: $292,434.73 |
| Interest Rate: 8.25% | Interest Rate: 2.5% yr 1, 3.125% yr 2, 3.75% yr 3, 4.375% yr 4, 4.50% yr 5, then 5.625% fixed for remaining term |
| Type: NegAm Arm | Type: Step Fixed |
| Monthly Payment: $1,501.61 | Monthly Payment: $732.06 |
| Includes: Min + TI | Includes: PITI |
| Amount Delinquent: 4 Months | Amount Delinquent: Current |
| Term: 360 | Term: 360 |
| Summary: Savings of $769.55 per month vs negam pmt. $32,512.55 principal balance reduction. Fixed loan for life after 5th year. Cut payment in half and client keeps home. | |
| Lender/Servicer: Litton | Lender/Servicer: Litton |
| Loan Balance: $214,093.38 | Loan Balance: $223,558.87 |
| Interest Rate: 10.13% | Interest Rate: 4.82% |
| Type: ARM | Type: Fixed |
| Monthly Payment: $1,830.79 | Monthly Payment: $825.48 |
| Includes: PI | Includes: PI |
| Amount Delinquent: $9,465.79 | Amount Delinquent: Current |
| Term: 480 | Term: 569 |
| Summary: Avoid foreclosure, Extended Term, Savings of $1,005.31 per month. Fixed for term of loan. | |