Absolutely not! You already have a mortgage with your lender and we are not getting you a new mortgage. We are reworking the terms of your existing mortgage. The reason that credit does not matter is because your lender knows they have limited options. They can either foreclose on the home or work with you. Many times, working with the homeowners is the most financially viable option. What matters is that you can prove to the lender that it is in their best interest to work with you rather than foreclose on the home. We do this through our financial package that we send to your lender.

Absolutely! If you are currently behind on your payments and your lender is looking to collect money from you in any way they can. However, enclosed in his package are instructions about how to handle any correspondence with your lender.

Government officials have been talking about all kinds of bailout plans and the different ways they are going to help homeowners. There are a few plans out there and a few more in the works. Rest assured that if your lender partakes in any of these government plans and you qualify for the plan, our Law Office will integrate that into your proposal.

It typically takes between 10-12 weeks from start to finish. This is largely dependent on two things: how quickly you provide us with the information we are looking for and how backed up your lender is. It could be much quicker or much longer than that.

That decision is up to you. Our Law Office will not advise you to stop paying your mortgage, but it does weaken the chance of you getting the best possible plan with your lender.

The majority of our clients have already contacted their lender and tried to work out a plan which was denied. There are two main reasons for our success rate with working out plans with mortgage companies. First, your income/expense report and the rest of your financial package needs to be submitted correctly, in order to get approved. If it is not submitted correctly most lenders will deny the request for a plan. In addition to knowing how to correctly submit your package, we also have direct contact with the appropriate departments within your mortgage company. We do not get lost in the shuffle of talking with customer service, collections, loss mitigation, home retention, etc.

Your lender may pull your credit report but not for your credit. What they are looking for is the monthly payments of the bills that show up on your credit report. We ask for this to calculate your income and expense report, which helps us to determine if you can afford the house or not.