"I really thought that there was nothing you could do to stop foreclosure once it started. I was wrong. I found out that a borrower has plenty of rights and can get foreclos"
"The foreclosure process is a nightmare and I never wanted to go through with it. But I really didn't think that there was anything else that I could do. I tried calling the bank, begging them to help me modify my loan and got nowhere. I finally contacted 1st Foreclosure Prevention and they were able to modify my loan within a matter of weeks! I guess that they are better at negotiating than I am. It was really easy on my part, too, as I didn't have to worry about anything except getting them the right paperwork. They were really nice, helpful and helped to stop foreclosure."
"We were in way over our heads with our property. We bought it high and when the market crashed, we were upside down with our mortgage. We were about to file for a bankruptcy when we found out about 1st Foreclosure Prevention online. We decided that at this point, we had nothing left to lose. We were already resigned that we were going to probably lose our home anyway and our credit would be shot. We are so happy that we called for a free foreclosure consultation from 1st Foreclosure Prevention and got the foreclosure help that we needed. We did not have to file bankruptcy and the loss mitigation experts were able to work out a deal with our bank. Now our credit is back to where it was before we bought the property - thanks to this company."
"I was so stressed out in trying to figure out how I was going to stop foreclosure from happening to me that I actually had to see a doctor for stress. I struggled hard to buy my condo and wanted to keep my home and save my home from foreclosure. But it was getting difficult because the mortgage amount kept going up. I had an adjustable rate mortgage and the rate kept rising. On top of that, I lost my job and got behind in payments. I thought that this was it, I was not going to be able to stop foreclosure. Then I found 1st Foreclosure Prevention. They were able to stop foreclosure from happening to me and allow me to keep my condo. I am now all caught up, have a new job and happier than ever thanks to them."
"After my husband died, I couldn't the mortgage payments at all on our home. I didn't know what to do and had tons of medical bills. I was at my wits end and was struggling just to get up in the morning because the foreclosure was making me so depressed. I had no idea what to do and was just going to let the bank take the house since I couldn't afford the payments. A friend told me about 1st Foreclosure Prevention. I contacted them and they gave me a free foreclosure evaluation and told me what I could do to keep my home. They negotiated with my lender for me and helped me stop foreclosure. Best of all, they relieved my mind from worry. They were very nice and really knew how to give me foreclosure help. Thank you."
"We called 1st Foreclosure Prevention right away because a friend of ours who went through foreclosure in Florida told us about them. We knew that the sooner we acted to stop foreclosure, the better our chances. They gave us a lot of help and we were able to prevent foreclosure. Their loss mitigation specialists were great, too. They knew the laws in our state better than we did and they also had a lot of options for us that we never would have considered. Thanks to them, we are much better off. We're glad our friend recommended them and now we will do the same for others."
Home / 10 Questions To Ask Your Loan Modification Company
10 Questions To Ask Your Loan Modification Company
If you are considering loan modification as a way to stop foreclosure, be sure to ask these 10 important questions of your loss mitigation specialists:
1. I have heard that some companies have hidden costs involved with this way to stop foreclosure - does your company have a set fee?
We understand that you may be deluged with information from other loss mitigation agencies, some of which do have hidden costs and fees. However, when you choose loan modification through 1st Foreclosure Prevention, there are no hidden costs. We have one low fee and we back it up in writing.
2. Can I get my money back if you are not successful in modifying my loan?
Yes. We are usually successful when it comes to loan modification as we at 1st Foreclosure Prevention have been helping to stop foreclosure through this method for over 10 years. However, in the event that we are not successful in obtaining a loan modification from you, we will give you back your fee less reasonable hours billed (not to exceed half of total fee).
3. Is your company a law firm?
While we do have attorneys on our staff, 1st Foreclosure Prevention is a company that also includes non-attorneys as well. We are comprised of attorneys, loss mitigation specialists, expert negotiators, real estate professionals and even affiliates - all of whom have one thing in common and that is that we want to stop foreclosure from happening to you.
We realize that because lenders are very overwhelmed when it comes to foreclosures during this time and that many are understaffed, more results come from when attorneys place calls. We also recognize the need for legal counsel in some cases. Our mixture of like-minded individuals, all of whom have been in the mortgage industry for years and understand how to stop foreclosure, makes us unique. And because we are comprised of so many different individuals, we are able to offer you many more choices when it comes to loss mitigation.
Your loan modification will be handled with the expertise of the best negotiation team and the modification will conform with the laws of the state in which you reside.
4. Which states do you service?
At 1st Foreclosure Prevention, we service all 50 states as well as the District of Columbia when it comes to loan modifications. Rest easy, we have you covered no matter where you live.
5. Do you offer other loss mitigation options?
Yes. In addition to Loan Modifications, we can help you stop foreclosure in a number of different ways. You can contact us for a free foreclosure evaluation in order to get your options on how you can stop foreclosure based on the laws in your state as well as your current situation.
6. Are the attorneys in your firm real estate attorneys?
Yes. All of the attorneys who are part of our staff practice in the field of real estate and are well versed with the real estate laws regarding foreclosure in your state.
7. How long does the loan modification process take?
This depends on your lender as well as the status of your mortgage. It can take anywhere from a few weeks to a few months - depending on the lender. As many lenders are overwhelmed with work today, it can take a bit longer. However, we will get results for you by making sure we contact the right individuals who are the decision makers in your case and negotiating to get the best deal for you to stop foreclosure.
8. What other options do I have besides loan modification?
Loan modification is a good choice to stop foreclosure if you can still keep up with most of the mortgage payments. If you are very far behind and want to get away from the situation, we can offer you other alternates to stop foreclosure. These may include the pre-foreclosure sale or a short sale.
9. What makes your company better than others when it comes to loan modification?
Our success record speaks for itself. We have been in business for over 10 years and have been successful in stopping foreclosure for thousands of homeowners. We know all of the options that you have to stop foreclosure and present them to you when you get our free foreclosure consultation. We do not just give you one option, but all of them. And we do not charge a fee for your consultation.
10. Do you have any testimonials from those you have helped?
Yes. Throughout the years, we have helped thousands of people stop foreclosure. Many of them have written on their blogs and have written us letters as well. We have testimonials from some of our customers on our site. Take a look at how we gave them foreclosure help and you can see how we can also help you stop foreclosure.
To find out how we can help you stop foreclosure, get a free foreclosure evaluation by contacting us at 866-477-7050 or click here to get started now.
