We focus on out-of-court results with Mortgage Foreclosures by working with your lender. Let our knowledge help you save your home. We can give you the Foreclosure assistance you need you are not alone!
On an average, 1 in 400 homes in America are in foreclosure. We live in a different economy since September 11, 2001. We know you're exhausted with phone calls and communications from your mortgage company. IF YOU TRULY WANT TO SAVE YOUR HOME CALL (888) 576-5553 .A foreclosure prevention company such as IMG Foreclosure Specialists have the knowledge and the experience to help you effectively determine the best course of action. IMG Foreclosure Specialists can help you prevent foreclosure, stop your rate from modifying, prevent bankruptcy and help you lower your payment in several cases. A lender does not really care what is going on with you, all they know is that you they want their money back, end of story. A foreclosure prevention company will help you negotiate with the lender – they have the expertise and resources to get positive results. A reputable foreclosure company, such IMG Foreclosure Specialists , has been in the business of saving homes for years and knows exactly what to do. You need to be very careful because there are a lot of predators out there and people who are only interested in what they hope to gain. There are a lot of companies out there who are only interested in purchasing your home at a discounted price, or so-called attorneys who will drag you into bankruptcy or extortion companies that are pretty good at collecting consultation fees, and then later tell you that it is just too late and that there is nothing that they can do. A foreclosure prevention company sees to it that they do everything within their legal power to ensure that you do not lose your home.
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FAQ What is a Loan Modification?
A Loan Modification is a permanent change in one or more of the terms of a mortgage's loan. It allows the loan to be reinstated, and it results in a payment the mortgagor can afford. Use a loan modification plan to stop foreclosure. If you can currently make your regular payments, but you can’t catch up with the past-due amount, we will negotiate with your lender to fold any past-due amounts, including interest and escrow, into the unpaid principal balance. If I am in foreclosure can I still get a loan modification? YES, if you can clearly show a sensible plan to the lender. You can still get a modification of terms. Do I have to be behind in payments to get a loan modification? No, lenders prefer you contact them before you miss a payment however, modifications happen for borrowers in both situations. Don’t I need to have good credit? No. Lenders are willing to work with you when you can show you have a plan and can afford the new terms of the loan. Can I get a loan modification if I have a first and a second mortgage? Yes, you may combine both the first and the second mortgage or the lender may waive the second. What happens to late charges if my loan gets modified? The late charges should be waived by the lender at the |