A loan modification is when the lender modifies your current
mortgage in order to work with you because of a hardship. The
purpose is to help make your loan more affordable. Usually it is in
the form of a rate reduction and/or fixing a rate for a certain
amount.
Our job is to convince the current lender that it is better to lower
the home owner's payment by lowering the interest rate or
payment rate by creating a payment plan the borrower can afford,
rather than to take the home with a foreclosure sale and lose
money on the re-sale. Keep in mind, lenders lose money on bank
owned properties as it will sell for less than market value, and they
must pay a commission,closing costs and Realtor commission.
Additional costs include On going costs of holding the property
while they wait for a sale in a down market.
This is where Action Foreclosure Specialties comes in to help. We
work exclusively with almost all nationwide lenders in the country
we know what they want to hear to help you get out of your old
loan and into a new one.
*We are not an Attorney or an Accountant, nor do we attempt to replace their knowledge, please
seek legal assistance if you do not understand the information we offer.
mortgage in order to work with you because of a hardship. The
purpose is to help make your loan more affordable. Usually it is in
the form of a rate reduction and/or fixing a rate for a certain
amount.
Our job is to convince the current lender that it is better to lower
the home owner's payment by lowering the interest rate or
payment rate by creating a payment plan the borrower can afford,
rather than to take the home with a foreclosure sale and lose
money on the re-sale. Keep in mind, lenders lose money on bank
owned properties as it will sell for less than market value, and they
must pay a commission,closing costs and Realtor commission.
Additional costs include On going costs of holding the property
while they wait for a sale in a down market.
This is where Action Foreclosure Specialties comes in to help. We
work exclusively with almost all nationwide lenders in the country
we know what they want to hear to help you get out of your old
loan and into a new one.
*We are not an Attorney or an Accountant, nor do we attempt to replace their knowledge, please
seek legal assistance if you do not understand the information we offer.
| Our team of associates specializes in Loan Modification, as well as the individual needs of mortgagor |
 |  |  |  |  |  |  |
| Action Foreclosure Specialties, LLC. Medford, OR 97504 PH: (541) 245-0469 info@actionforeclosurespecialties.com All rights reserved. |
ACTION FORECLOSURE SPECIALTIES
| For more information Contact Us. |
We work with your existing lender to modify the mortgage you already
have and negotiate to reduce your interest rate and/or term,
converting adjustable rate mortgages into fixed rates, increasing the
term of the mortgage, forgiveness of payment defaults and bank fees,
reducing the principal balance, or sometimes even reduce the
mortgage balance, or any combination of these.
Action Foreclosure Specialties has expert negotiators
who are dedicated to achieve the results you need to
keep your home.
Call 1-541-245-0469
For your free compassionate confidential
foreclosure counseling and foreclosure
assistance.
have and negotiate to reduce your interest rate and/or term,
converting adjustable rate mortgages into fixed rates, increasing the
term of the mortgage, forgiveness of payment defaults and bank fees,
reducing the principal balance, or sometimes even reduce the
mortgage balance, or any combination of these.
Action Foreclosure Specialties has expert negotiators
who are dedicated to achieve the results you need to
keep your home.
Call 1-541-245-0469
For your free compassionate confidential
foreclosure counseling and foreclosure
assistance.