They are a membership based program that allows people the opportunity to get legal counsel to defend their rights as homeowners and stop foreclosure. They allow you to get an excellent real estate lawyer to modify the terms of your mortgage with a comfortable payment plan stretched out up to eight months. Most lawfirms that do this type of work will request an upfront retainer of around $3-5K in one lump sum. At Apex, you can get them to work with you for as low as $490 down and $250/mo until it is paid off. This of course is based on approval and it only makes sense if they are saving you at least $250 a month or more, or they are stopping a sale date so a potential client can save their home.
No because a loan modification is set in place to give the client a fresh start. The client should waive all the late fees that he/she had before the loan modification.
You have to apply to your lender for a loan modification. Some people use attorneys to make application on their behalf, and others choose to go the "do it yourself mortgage modification" route. If you decide to do your own home loan modification, make sure you get your paperwork correct. You need to know precisely what your lender requires, otherwise your application will be rejected. It may be a good idea to buy a loan modification system that can show you, step by step, how to go about the loan modification application.
No. Deeds affect ownership of the property. A new deed isn't necessary for a loan modification.
"Every mortgage lender or mortgage servicer offers mortgage loan modification. There are also many third party companies that offer mortgage loan modification, but work with them at your own risk."
No one can guarantee that your home loan modification will be a success. It ultimately depends on your Lender as to whether or not they choose to modify your loan. However, if you provide your Lender with all of the documentation that they require, in the manner that they need it, then your chances of a successful loan modification will be greatly enhanced.
No they are not a good company to use because they ask for money before they get started and they say they use an attorney by the name of william goodrich(who can't practice loan modications due to having a cease and desist in the state of ga). They are also not good because they don't return calls, nor emails, and they give you the run around. Be safe and go to your local bank and do the modification, if not find a bank near you. DON'T TRUST APEX OR ANYTHING TO DO WITH APEX.
Company has scammed several people. They promise to lower your mortgage payments, collect upfront fees for their "services" and then never perform the services they claim to perform on your behalf with the bank. AVOID THIS COMPANY! It is a SCAM.
The answer is no. I am a Certified Signing Agent and I am also a Loan Modification Consultant, but that does not mean that I need to be one in order to become a loan modification consultant. Glena
A loan modification is up to the discretion of the lender. The type of loan doesn't really matter as much as the willingness of the lender to work with you.
No because a loan modification is set in place to give the client a fresh start. The client should waive all the late fees that he/she had before the loan modification.
You have to apply to your lender for a loan modification. Some people use attorneys to make application on their behalf, and others choose to go the "do it yourself mortgage modification" route. If you decide to do your own home loan modification, make sure you get your paperwork correct. You need to know precisely what your lender requires, otherwise your application will be rejected. It may be a good idea to buy a loan modification system that can show you, step by step, how to go about the loan modification application.
No. Deeds affect ownership of the property. A new deed isn't necessary for a loan modification.
"Every mortgage lender or mortgage servicer offers mortgage loan modification. There are also many third party companies that offer mortgage loan modification, but work with them at your own risk."
No one can guarantee that your home loan modification will be a success. It ultimately depends on your Lender as to whether or not they choose to modify your loan. However, if you provide your Lender with all of the documentation that they require, in the manner that they need it, then your chances of a successful loan modification will be greatly enhanced.
When facing a foreclosure or something of that nature, you have to make a loan modification so that it doesn't affect any other financial firms or accounts you have. So you will have to visit www.modificationhelpnetwork.com
Hello, I want to fill a loan modification application online for bank of America asap.
A Loan Modification is a permanent change in one or more of the terms of a Borrower's loan, allows the loan to be reinstated, and results in a payment the Borrower can afford. A "REST Report" shows proof to the lender or servicers that a home owner is eligible for a loan modification or not.